China Jan-April coal imports up 33.2 pct

A cargo ship is loaded with coal during the opening ceremony of a new dock at the North Korean port of Rajin in this July 18, 2014 file photo. South Korea said on March 8, 2016 it would impose new sanctions against 40 individuals and 30 entities because of suspected links to North Korea's weapons programme and would ban vessels that had stopped at North Korean ports in the past 180 days.  REUTERS/Yuri Maltsev/Files

China’s coal imports in the first four months of the year jumped 33.2 percent to 89.49 million tonnes, data showed on Monday as utilities and steel mills continued to buy cheaper foreign fuel as Beijing ramped up efforts to phase out overcapacity.

The data from General Administration of Customs did not include an April number, but it would equate to about 24.8 million tonnes, based on Reuters calculations.

That would be up from 22.09 million in March and 18.80 million in April last year.
Source: Reuters



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