China imports record volume of coking coal from Russia in April - data
12 May 2022
China imported an
average 4.55mln tonnes of coking coal monthly in 2021 from all sources
CHINA (PRC)RUSSIABELT AND ROAD INITIATIVETRADECOMMODITIES
BEIJING- China's imports of Russian
metallurgical coal, a key feedstock for steelmaking, hit a record in April,
shipping data shows, driven by steep discounts compared with other suppliers
and increased availability of bank credit for Chinese buyers.
A
record 1.37 million tonnes of seaborne Russian coking coal arrived in China in
April, data tracked by analytics firm Kpler showed. That compares with 922,673
tonnes in March and just under 750,000 tonnes in April 2021