Tag: Coal Imports
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Pakistan: Coal imports increase by 16% in May as global prices ease from its peak
Pakistan’s thermal coal imports rose by 16% m-o-m to 1.1 million tonnes (mnt) in May 2022 after falling sharply in April, CoalMint’s vessel-line up data reveals. A sharp decline in thermal coal prices from its peak in March 2022, following Russia’s invasion of Ukraine, compelled Pakistani traders to scale up their bookings. Shipments, however, mainly…