China’s May coal imports surge 33.5% on year to 19.03 mil mt

Qinghuangdao Port is a major port for coal transportation.

China imported 19.03 million mt of coal in May, including lignite, thermal and metallurgical material, up 33.55% on the year and up 1.22% from April, according to preliminary data released Wednesday by China’s General Administration of Customs.

China imported 18.80 million mt of coal in April this year and 14.25 million mt in May 2015.

January-May total imports increased 3.7% year on year to 86 million mt.

The country exported 0.71 million mt coal in April, up 16.01% on year and up 36.54% from April’s export volume of 0.52 million mt, according to GAC data.

January-May total exports increased 113.9% year on year to 4.01 million mt. The GAC did not give a breakdown of May imports, which would be available later this month.

China’s coal-producing regions have currently implemented statutory production of 276 days in a year, down from 330 days previously, leading to supply tightness in the domestic market and an increase in imports.

Source: Platts



Comments are closed.