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Article Summary
- China is set to import a record high volume of coal in November
- The surge in imports is due to a shortage of domestic coal production
- China's coal imports are expected to reach approximately 30 million tons in November
- This surge in coal imports is impacting global coal prices
- The future outlook for China's coal imports remains uncertain Tone: Neutral
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China Set To Import Record-High Volume Of Coal In November
China is on track to import this month the highest volume of thermal coal, the one used in power generation, since at least 2017, as electricity demand is rising with the colder weather. Chinese thermal coal imports are set to be at 37.5 million metric tons for November, according to data by commodity analysts Kpler cited by Reuterss columnist Clyde Russell. This estimated volume would be signi...
https://oilprice.com/Latest-Energy-News/World-News...
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