China’s coal imports up 13.4 percent in H1, decline expected in H2

Friday, 09 August 2019 12:18:06 (GMT+3)   |   Shanghai
       

In July this year, China imported 32.885 million mt of coal, increasing by 13.4 percent year on year, as announced by the Chinese customs authorities. In the January-July period this year, shipments from abroad totaled 187.364 million mt of coal, increasing by 7.0 percent year on year. The increase in July was connected with the high crude steel production volumes in China.

Higher import volumes in the first half of the year have made more market participants worried about filling their quota for the whole of the year earlier than expected. “Demand in China is still there, but we are expecting restrictions at ports in September-October,” a Chinese trader said.

In the January-July period this year, China exported 3.639 million mt of coal, increasing by 30.5 percent year on year.


Similar articles

Ex-Asia slab prices differ depending on destination, more declines expected

28 Mar | Flats and Slab

Chinese HDG export prices mainly stable, with negative bias in some offers

28 Mar | Flats and Slab

No halt to downtrend in SE Asia’s import billet market, more traders going short

28 Mar | Longs and Billet

Vietnam’s Hoa Phat and Formosa seek AD investigation on Chinese HRC

28 Mar | Steel News

Coal output in Shanxi down 18.1 percent in January-February

26 Mar | Steel News

Local coke prices in China fall again, decline likely to halt next week

22 Mar | Scrap & Raw Materials

Asian wire rod market lags behind improvement in local Chinese market

22 Mar | Longs and Billet

Ex-China rebar offers improve, ex-Malaysia prices most competitive in Asia

22 Mar | Longs and Billet

Chinese HDG export prices fall slightly, but local market improves

21 Mar | Flats and Slab

Ex-ASEAN mills drop billet prices to accelerate sales, China finally starts to rebound

19 Mar | Longs and Billet