Coal imports surged at Guangzhou port
According to the customs statistiscs, coal imports at Guangzhou port of China's Guangdong province increased 64.7% year on year to 3.60 million tons through January - May 2005, while the trade value of the imports increased 1.2 folds to $170 million. The power deficit in the province and the transport bottleneck on railways have fuelled the increase. Besides, the licensing system brought by Chinese government in order to encourage high-grade coal imports has also led to the increase in the trade value of exports. According to the customs data, the average import price of coking coal at the port increased 23.6% to $117.9/ton. Vietnam has been the largest coal supplier to the port while Australia was the second.