Japan Jun coking coal imports near record low

sxcoal.com Import & Export,  International,  Coking Coal 2020-07-31 09:59:14

Japan's coking coal imports remained less than 5 million tonnes in June, despite a mild rise of 0.59% compared with last month, according to official data.


June's imports totaled 4.68 million tonnes, down 12.17% from June 2019, showed data from the Japan Ministry of Finance.



The month was the third one with imports less than 5 million tonnes since sxcoal.com started recording in January 2015. The other two months happened two be February and May this year, as the COVID-19 epidemic slashed steel demand worldwide.


Japan's coking coal imports were worth 56.88 billion yen ($544.1 million) in June, falling 0.87% on the month. The average import price was calculated at 12,150.62 yen/t, dropping 1.45% from a month ago.


Imports of hard coking coal amounted to 2.04 million tonnes, increasing 33.42% on the year and 30.03% on the month. The import value came in at 30.47 billion yen. The average import price was 14,935.78 yen/t, down 6.35% from the previous month.


Imports of other coking coals totaled 2.64 million tonnes, decreasing 30.51% year on year and 14.38% month on month, with value of 26.41 billion yen. Its import price averaged 9,999.11 yen/t, down 4.67% on the month.


Australia, the largest coking coal supplier to Japan in June, shipped 1.87 million tonnes of coal to the country, decreasing 30.75% on the year and 25.22% on the month.


Indonesia came behind with 0.89 million tonnes of coking coal exported to Japan in the same month, surging 226.89% year on year and 169.21% on the month.


Followed was America, shipping 0.81 million tonnes, up 7.9% on the year and 41.92% on the month.


(Writing by Alex Guo  Editing by Jessie Jia)
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