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China’s August coking coal imports up 8% y-o-y

China’s coking coal imports in August rose 8.1% year on year to 4.15 million tonnes, according to the latest data released by the General Administration of Customs.

But August imports were down 37.7% from 6.66 million tonnes in July, which was the highest monthly volume so far this year.

The share of imports from Australia was 63%, the highest since February 2014, with volume jumping 62% on year but falling 35% from July to 2.6 million tonnes.

Coking coal imports from Mongolia, China’s second-largest supplier, fell 37% on the year to 840,000 tonnes. This was below the monthly average of 1.08 million tonnes for the first seven months of the year.

But Mongolian coal managed to maintain a 26% share of Chinese imports year-to-date similar to that for the same period last year.

Canada’s exports to China in August rose 11% year on year to 450,000 tonnes, but was less than half of the 1 million tonnes in July.

Imports from Russia were 260,000 tonnes in August, 11% lower than the previous year.

China’s coking coal imports posted a 19% drop to 32.44 million tonnes for the first eight months, compared to the same period last year.
 
source: http://en.sxcoal.com