China’s imports of coal from the seaborne market surged again in October, thereby justifying the jump in prices but also raising questions as to how much more of the fuel the world’s top buyer can suck in. Seaborne coal imports were 20.03 million tonnes for October, according to vessel-tracking and port data compiled by Thomson Reuters Supply Chain and Commodity Forecasts. This is the highest monthly total since Thomson Reuters stated assessing the data in January 2015, and shows that China’s appetite for imports remains undiminished in spite of a spike in the prices of both thermal and coking coal. The seaborne data doesn’t exactly match Chinese customs data as it excludes shipments from North […]