China’s Monthly Coal Imports Rises 15% in June 2016

China’s monthly coal import at 21.8 MnT in Jun’16. Besides, country’s yearly coal imports recorded a sharp rise by 31% in the month.

China, the world’s largest coal importer, registered a significant rise of 15% in its monthly coal import during Jun’16. The country imported about 21.8 MnT of coal in the month with a notable rise of 2.8 MnT compared to May’16, according to data from the General Administration of Customs (GAC).

Chinese coal import has been increasing consistently this year since Apr’16. Speed of falling domestic coal production in China to limit industrial surplus capacity and carbon emissions resulted in sharp rise in coal sourcing this year.

Months 2016 2015 %Change
Jan 15.2 15.3 -1%
Feb 13.54 14 -3%
Mar 19.7 19.69 0%
Apr 18.8 19.95 -6%
May 19 14.25 33%
Jun 21.8 16.6 31%
Total 108.04 99.79 8%

Source: SteelMint
Quantity in MnT

China’s coal imports, including lignite, thermal and metallurgical coal, recorded a rise of 31% in Jun’16, compared with the same period in 2015.

In context to 2016, the first-half imports (Jan’16-Jun’16) of the country in 2016 were still up at 108 MnT, noted a sharp rise by 8.2% on yearly basis.

China Coal imports

 

Source: SteelMint
Quantity in MnT


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