Since March, seaborne imports of thermal coal have exceeded 28 million metric tons every month, except for the 27.63 million from June, according to Kpler.
In 2022, seaborne imports of thermal coal only once breached the 24 million metric tons level, in November, and were below 20 million for eight of the 12 months.
China's July coal production was 377.54 million metric tons, which was down 6.3% from June, with the lower output coming as China increases mine safety inspections.
China thermal coal imports from Australia, Indonesia and RussiaAUSTRALIAN IMPORTSChina has returned to buying Australian thermal coal after Beijing ended its unofficial ban on such imports, imposed in mid-2020 amid a political dispute with Canberra.
China's imports of Australian thermal coal are estimated at 4.89 million metric tons in August, down from a three-year high of 5.41 million.
Persons:
Tingshu Wang, Stephen Coates
Organizations:
Huawei, REUTERS, Rights, Newcastle Port, Argus, Indonesia, Reuters, Thomson
Locations:
Shenmu, Yulin city, Shaanxi, China, Rights LAUNCESTON, Australia, Qinhuangdao, India, Indonesia, Russia AUSTRALIAN, Beijing, Canberra, Newcastle, Kpler