Tag: consumption
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China: Rise in power consumption drives up coal imports in Jun’20
China, the world’s largest coal importer especially of thermal coal, has recorded a surge of 14.7% m-o-m in its coal imports at 25.3 mn t against 22.06 mn t in May’20, with majority imports coming from Indonesia, according to customs data. This increase can be attributed to an increment in China’s overall power consumption in…