KONTAN.CO.ID - SINGAPORE. China's coal imports surged in March to their highest in any month over the past three years as utilities increased purchases on expectations for a demand recovery and after curbs on bringing in Australian coal were removed. The world's top coal consumer brought in 41.17 million tonnes last month, the highest level since January 2020, data from the General Administration of Customs showed on Thursday. That compares to an average of 30.32 million tonnes per month in the January-February period, and represents an increase of 151% from March last year.
China's March Coal Imports Jump to 3-Year High
KONTAN.CO.ID - SINGAPORE. China's coal imports surged in March to their highest in any month over the past three years as utilities increased purchases on expectations for a demand recovery and after curbs on bringing in Australian coal were removed. The world's top coal consumer brought in 41.17 million tonnes last month, the highest level since January 2020, data from the General Administration of Customs showed on Thursday. That compares to an average of 30.32 million tonnes per month in the January-February period, and represents an increase of 151% from March last year.