GACC: China's Aug coking coal imports fall 4% MoM as uncertainty mounts

China's coking coal imports in August slipped by a moderate 4% from July's peak to 13.07 million tonnes yet remained the second highest on record and up 28.7% on year, according to the latest data from the General Administration of Customs (GACC).

The import value retreated 5.9% on month to $1.73 billion last month, reflecting lower import volumes and softer seaborne prices, though the amount remained 94% higher on year. That equates to an average import price of $132.1/tonne, down $2.7/t from July – the first decline after three consecutive months