China’s June coal imports fall 3% on year to 21.6 million mt

13 Jul 2017   China, Coal

China imported 21.6 million mt of coal in June, including lignite, thermal and metallurgical material, down 2.66% from May and a marginal 0.68% lower year on year, according to preliminary data released Thursday by the General Administration of Customs. China imported 22.19 million mt of coal in May this year. In June 2016, the country imported 21.75 million mt of coal. “Total coal imports weakened slightly by 2.7% month on month and 0.7% year on year as crackdown on low-rank thermal coal imports may have kept Indonesian volumes away,” Citi analysts said in a note. The analysts said they expected Chinese custom controls over low-rank thermal coal to put pressure on July and August volumes too. Article continues below… Platts Coal Trader International is the only daily publication where you can access Platts proprietary price assessments for coal trading in the Atlantic and Pacific markets, including FOB Newcastle 5,500 […]

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