China Coal Imports Fall Sharply

October 12, 2018

© ymgerman / Adobe Stock
© ymgerman / Adobe Stock

China's coal imports dropped sharply in August from the month before, customs data showed on Friday, after cooler weather crimped demand from utilities and as a typhoon disrupted supply.

Total arrivals last month fell 12 percent from August to the lowest since May at 25.14 million tonnes, data from the General Administration of Customs showed. Volumes were also down more than 7 percent from the same month last year.

That came after utilities curbed buying as weather cooled earlier than normal in northern China, prompting households and businesses to turn off their air conditioners.

"The earlier arrival of autumn cooled the coal market in September," said a trader at state-owned Minmetals.

"But we are expecting the upcoming winter heating season to bring back demand from utilities," he added, declining to be identified as he was not authorized to speak with media.

On the supply side, traders said Typhoon Mangkhut in mid-September hit the unloading of coal cargoes at the port of Guangzhou in southern China.

China's largest coal port, Qinhuangdao in the northeast, also took temporary steps to restrict coal unloading in September as part of the country's campaign against pollution.

Total coal imports in the first nine months of 2018 climbed 12 percent from the same period last year to 228.96 million tonnes, the customs data showed.


(Reporting by Meng Meng and Aizhu Chen Editing by Joseph Radford)

Logistics News

NYK Invests in Oceanic Constellations Tech Startup

NYK Invests in Oceanic Constellations Tech Startup

Tallink Shuttle to Run Entirely on Renewable Energy

Tallink Shuttle to Run Entirely on Renewable Energy

Green Hydrogen Project at Port of Klaipėda Enters Testing Phase

Green Hydrogen Project at Port of Klaipėda Enters Testing Phase

Maersk’s 2025 Report: Some Records and Some Lay Offs

Maersk’s 2025 Report: Some Records and Some Lay Offs

Subscribe for Maritime Logistics Professional E‑News

WiWo reports that a German court has ordered Renault to stop selling two of its models over a patent dispute.
Norway expects Russian sabotage and spying to increase in the Arctic.
Saudi Arabia announces major new Syria investments