💎 Fed’s first rate cut since 2020 set to trigger market. Find undervalued gems with Fair ValueSee Undervalued Stocks

China Aug coal exports from Australia down 12.8 pct at 6.4 mln T - customs

Published 21/09/2015, 04:37 pm
© Reuters.  China Aug coal exports from Australia down 12.8 pct at 6.4 mln T - customs

BEIJING, Sept 21 (Reuters) - China imported 6.39 million tonnes of coal from its top supplier Australia in August, down 12.8 percent year-on-year as low domestic prices squeezed imports, data from the customs authority showed on Monday.

Australian imports fell 21.8 percent compared to July. For the first eight months of the year, China's total coal imports were 48.64 million tonnes, down 20.4 percent compared to the same year-ago period.

Imports from Indonesia, China's second biggest supplier, fell 18 percent year-on-year to 2.38 million tonnes in August.

Total imports in August, excluding lower-grade lignite, reached 13.48 million tonnes, down 11.6 percent compared to the same period of last year, with demand faltering as a result of China's economic slowdown and its campaign to boost the use of cleaner fuels.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.