China's Jun thermal coal imports climb up 28.3% on mth Import & Export,  Thermal Coal 2020-07-27 11:06:33

China witnessed a monthly increase of 28.3% in thermal coal imports in June despite continued strict import curbs, following a 38.4% slump a month earlier, showed data from the General Administration of Customs (GAC) on July 27.

The country imported 11.48 million tonnes of thermal coal (incl. bituminous and sub-bituminous coal, but excl. lignite) in June, marking a rise again after dropping to only 8.95 million tonnes in May. The volume also increased 6.79% year on year, according to the data.

Imports of the power-generating fuel amounted to 75.54 million tonnes in January-June, soaring 39.5% from the year prior.

The import value rose up 22.57% year on year to $4.70 billion during the same period, with June value at $669.4 million, falling 8.15% from a year ago but rising 24.14% from May.

The average import price was calculated at $58.31/t in June, falling $1.89/t from May and down $9.48/t year on year.

China's lignite imports dropped 22.5% on the year to 8.04 million tonnes last month, which also slid 10.66% from May. The value slumped 41.5% to $241.06 million.

January-June imports of lignite came in at 56.98 million tonnes, down by 3.9% year on year. Total value dropped 9.4% to $2.32 billion.

(Writing by Tammy Yang  Editing by Jessie Jia)
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