China’s coal imports might decrease due to tightened global coal supply
29 Nov 2022 17:10 reported by Stanley Wang
In the first ten months, China’s coal imports from Indonesia, Canada, the Philippines, the US, South Africa, and Columbia went down from the same period a year ago.
Besides that, in October alone, the coal imports from Russia and Indonesia decreased month on month. The decrease in imports from Indonesia resulted from the currency and high shipping fees. In addition, the coal import from Russia went down due to insufficient rail capacity in the Far East area and the shipping restriction in winter.
Entering the second half of November, China’s demand for imported coal increases compared to October. However, the global coal supply was tightened, which might impact China’s coal imports.
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