Coal news and updates

China’s coal imports rebounded in December after sliding for nine consecutive months, as Beijing relaxed import restrictions for some utilities to help meet surging demand for heating during harsh winter weather.

 

Coal arrivals were 39.08 million tonnes last month, data from the General Administration of Customs showed on Thursday, more than tripling from 11.76 million tonnes in November and rocketing from only 2.77 million tonnes in December a year ago.

 

Increased inflows in December pushed full-year coal purchases to 303.99 million tonnes, the highest level on record, the data showed.

 

 

Source : https://www.reuters.com/article