Met Coke exports from China in Oct’17 were lower by around 26.44% in comparison with the exports during the previous month, an analysis of the data released by China Customs shows.
During Oct’17, around 0.34 MnT of Met Coke was exported from China and that was lower than the exports of around 0.46 MnT in Sep’17.
| Figures in MnT | |||
| COUNTRY | Oct’17 | Sep’17 | Change(%) |
| India | 0.12 | 0.14 | -12.34 |
| Vietnam | 0.06 | 0.05 | 7.03 |
| Indonesia | 0.05 | 0.05 | -0.88 |
| Japan | 0.04 | 0.05 | -19.12 |
| Malaysia | 0.02 | 0.03 | -35.27 |
| China Taiwan | 0.01 | 0.03 | -62.45 |
| South Korea | 0.01 | 0.03 | -62.11 |
| South Africa | 0.01 | 0.02 | -66.38 |
| Australia | 0.01 | 0.02 | -68.35 |
| Iran | 0.01 | 0.02 | -68.42 |
| Kazakhstan | 0.00 | 0.01 | -45.18 |
| UAE | 0.00 | 0.01 | -81.01 |
| Total | 0.34 | 0.46 | -26.44 |
Source: CoalMint Research
The reason behind the shrinkage in the exports was the downturn in the Met Coke offers due to the then sinking Coking Coal prices. Importers in the major procuring nations adopted a wait-and-watch stance as a result.
Source: CoalMint Research
A break-up of the exports during the month under review shows that those were the highest to India; followed by Vietnam.
During the Jan-Oct’17 period, around 6.08 MnT of Met Coke was exported from China.
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