Vietnam's June coal imports jump 12% YoY on firm power demand

Vietnam's coal imports in June stayed at an elevated level of 7.19 million tonnes, higher by a substantial 12.2% compared with the year-prior figure, according to the latest statistics from the Vietnam Customs.

However, June imports continued falling back from a historical high of 8.5 million tonnes recorded in April, logging a larger monthly drop of 9.43% from May, the data showed. The on-month decline reflected the country's stronger hydropower generation – a main alternative source of power supply to coal – amid