Cyber Monday Deal: Up to 60% off InvestingProCLAIM SALE

China Nov coal imports from Australia fall 24.3 pct on yr -customs

Published 21/12/2015, 05:35 pm
© Reuters.  China Nov coal imports from Australia fall 24.3 pct on yr -customs

BEIJING, Dec 21 (Reuters) - China imported 6.23 million tonnes of coal from top supplier Australia in November, down 24.3 percent from the same month last year, customs data showed on Monday.

Australian shipments have dipped 23.7 percent over the first 11 months of the year to 65.1 million tonnes, figures from the General Administration of Customs showed, hit by a downturn in demand and a massive domestic supply surplus.

Overall imports, excluding low-grade lignite, stood at 12.42 million tonnes last month, down 27.45 percent. For the first 11 months, total imports hit 141.72 million tonnes, down 31.1 percent.

Imports from Indonesia, China's second biggest supplier, fell 44.4 percent in November to 1.98 million tonnes. They are down 39.9 percent at 25.2 million tonnes over the first 11 months, hit by Beijing's restrictions on lower grade coal.

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.