UTC+8 ( BJT)

China's coking coal imports fall 25% on year in 2021

ABSTRACT

China's imports of coking coal totalled 54.7 million tonnes in 2021, declining by 24.6% on year, which contrasted with the 6.6% on-year growth of the country's total coal and lignite imports in 2021 at 323.2 million tonnes, according to the latest data released by General Administration of Customs (GACC). The notable decline was mainly a consequence of China's restrictions on Australian coal imports from late 2020 and the transportation disruptions affecting Mongolian coal imports, Mysteel Global noted.
During December 2021 alone, China's coking coal imports dropped 3.3% on month to 7.5 million tonnes though this represented a jump of 109.7% on year, GACC data showed.   Despite the lower import volume, the value of China's coking coal imports last year surged 30.5% on year to $11 billion, GACC's data

............

To read the full article take a free 7-day trial to Mysteel Global

FREE TRIAL
+65 6653 8227

Daily Prices

Prices Summarization