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Jumat, 29 April 2011

China's imports of coal Q1 2011 - ICAP Shipping

China's coal imports in the first quarter were some 27% down on a year ago at 32.3 Mt (2010: 44.4 Mt). Part of the reason for the decline has been due to extra availability within

the country as it produced some 792 Mt in the quarter - up 8.3% on Q4 2010. Shipments down the long coast line from the north have increased by 25% this year and this had directly impacted import requirements. The high price of imported coal has also put pressure on imports with steam coal imports this March at $107/t as compared to $85/t in the same month a year ago. By coal type imports this year have fallen as follows: anthracite -10.5%, coking -3.5% and steam coal -40.3%.
Posted by Saham Pilihan at 08.16

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