China's coal imports dropped 14% from the previous month to 13.88 million tons in July due to a rebound in international coal prices, according to statistics released by the General Administration of Customs today.
China imported a record 16.07 million tons of coal in June. The country's coal imports rose for the first six months of this year, boosted by lower international coal prices.
Imports of coking coal in July increased 6% month on month to 4.9 million tons, which accounted for more than one third of the country's total coal imports last month.
The nations' coal imports are expected to experience sharper declines in August and September, said industry analysts.
In the first half of this year, the nation's total coal imports surged 126.33% from a year earlier to 48.27 million tons, while total coal exports were only 11.67 million tons, according to earlier statistics from the GAC.
Source: China Knowledge
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