GACC: China's Jul coal imports jump 20% YoY

China's coal imports totalled 42.73 million tonnes in July, 0.1% lower than in June but jumping 20% above the year-earlier level, according to preliminary data released by the General Administration of Customs (GACC) on August 7.

This marked the second consecutive month of on-year import growth following a 29.5% rebound in June, underlining a steady recovery in coal imports though the on-month growth rate almost flattened, Mysteel Global noted. In value terms, July's coal imports were worth $4.35 billion, soaring 83.8% from a year earlier and