China’s 2015 coal imports from SA down 93.38% y-o-y
27 Jan 2016
China’s coal imports from South Africa’s Richards Bay Coal Terminal (RBCT) in calendar year 2015 stood at 164,784 tons, down sharply by 93.38% against a high of 2,492,629 tons in 2014, according to data available with ICMW.
In fact, there was no import of coal by China from South Africa after February 2015 on account of lack of demand from this Asian country, as its economy continues to be in the grip of a slowdown.
According to the data, Chinese companies stopped buying steam coal from South Africa after last procuring 164,784 tons in February 2015. Prior to that, China imported 164,999 tons of coal from RBCT in June 2014.
Following are monthly details of coal imports by China from RBCT in 2015 and 2014 (in tons):
Months |
2015 |
2014 |
January |
Nil |
552,357 |
February |
1,64,784 |
491,631 |
March |
Nil |
1,066,836 |
April |
Nil |
216,806 |
May |
Nil |
Nil |
June |
Nil |
164,999 |
July |
Nil |
Nil |
August |
Nil |
Nil |
September |
Nil |
Nil |
October |
Nil |
Nil |
November |
Nil |
Nil |
December |
Nil |
Nil |
Total (Jan-Dec) |
1,64,784 |
24,92,629 |
Total (Apr-Mar) |
Nil |
3,81,805 |
Source: ICMW