Help Desk -
9958816305, 9810335381
Email
Password

Chinese Coal Imports in April Surge by 22%

Coal News - Published on Fri, 08 May 2020

Image Source: China Coal Import Coronavirus COVID-19
According to the latest statistics from General Administration of Customs, China’s coal imports in April surged 22% from a year earlier to 30.95 million tonnes, as traders scrambled to snap up low-cost coal from the seaborne market amid plunging demand for the fuel worldwide because of the coronavirus pandemic. That compares to 27.83 million tonnes imported in March and 25.3 million tonnes in April 2019. Imports over the January to April period jumped 26.9% to 126.73 million tonnes

China’s electricity consumption has rebounded in April, which helped to support demand for coal, the most widely used fuel for power generation.

Source :

Posted By : Yogender Pancholi on Fri, 08 May 2020
Related News from Coal segment