Coal: import grows, sector continues to lose

The whole Polish coal sector has lost PLN 1.8 billion in the first eight months of 2016, according to  industry development agency ARP. In 2015 the sector posted PLN 2 billion in sales. In related news, import of coal to Poland grew by nearly 500,000 metric tons (to 5.2 tons) year-on-year. During the same period, some 6 million tons were exported. Most of the coal came from Russia (3.2 million tons), Australia (1 million), Czechia and Columbia (0.4 million each). In good news for the sector, in August, for the first time in many years Polish mines saw the average sale price of coal exceed the average production cost.