Sri Lanka Activated Carbon Export Up in January-October 2018

Figures from Sri Lanka’s Coconut Development Authority show the country’s export of activated carbon was little moved in January-October 2018 from a similar period year-earlier. Volume at 33,393 MT topped  by only 163 MT prior year total at 33,230 MT.  Shipment value, however, at USD82.387 million rose significantly by 26.3% from previous year at USD65.220 million driven by high prices.  Average traded price calculated at USD2,467.19/MT FOB leaped by 25.7% from year-ago at USD1,962.70/MT.  

For the month of October alone, export was 3,383 MT, sliding by 4.9% from prior year figure at 3,557 MT.  Revenue  hiked by 18.2% at USD8.750 million from USD7.399 million.  Average traded price during the month at USD2,586.40/MT FOB jumped  24.3% from USD2,080.13/MT

Export destinations during the 10-month period accumulated to at least 55 countries. The top eight importers held volumes above 1,000 MT and collectively accounted for 68.9% of total trade.  Leading the pack was United States with 10,317 MT (30.9% share), followed far behind by China with 4,055 MT (12.1%), Japan 2,060 MT (6.2%), India 1,458 MT (4.3%), Italy 1,308 MT (3.9%), Estonia 1,300 MT (3.9%), Turkey 1,295 MT (3.9%) and South Korea 1,220 MT (3.7%). 

Twenty-two other countries also took in significant volume ranging 110-990 MT and jointly contributed 28.6%, namely Germany, Taiwan, Hong Kong, Peru, Singapore, United Kingdom, South Africa, Ukraine, Netherlands, Russia, France, Finland, Egypt, Poland, Sweden, Ghana, Surinam, Malaysia, Canada, Australia, Mexico and Kenya.  The remaining 28 countries which aggregately shared 2.5% of total sales took in volume ranging from a low of 1 MT to a high of 97 MT.