Vietnam's coal imports plunge to over 2-yr low in Nov

Vietnam imported a total of 3.82 million tonnes of all kinds of coal during November, plummeting by 20.9% from the previous month and hitting the lowest monthly volume since October 2023. The figure also represented a 4.8% fall compared with the year-prior level, according to the latest data from Vietnam Customs.

The value of coal imports last month also shrank by a significant 24% from October to register $378 million, reflecting an average import price of $99.1/t – as calculated by Mysteel Global based on the Customs data – lower by another 3.8% on month. By country, Indonesia remained the largest