Japan's coking coal imports inched up in October and hit the highest since May this year, official data showed.
The country took 4.95 million tonnes of the steel-making coal last month, rising 3.43% from a month ago, although the volume was still 14.32% lower compared with a year ago, showed data from Japan's Ministry of Finance (MOF).
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Total October imports were worth 52.1 billion yen ($501 million), climbing 6.03% from the preceding month. The average import price was calculated at 10,512 yen/t, up 2.51% from the preceding month, data showed.
Japan imported 2.10 million tonnes of hard coking coal, falling 3.35% from a year ago but surging 48.02% month on month. Total imports value was registered at 26.9 billion yen, putting unit import price at 12,844.36 yen/t, which was down 2.02% month on month.
Intakes of other coking coal decreased 20.9% from a year ago and 15.28% month on month to 2.86 million tonnes, with imports amounted to 25.2 billion yen and unit import price at 8,801.53 yen/t.
Japan's intakes of Australian cargoes climbed 9.42% year on year and 24.1% month on month to 2.84 million tonnes in October, with the growth accelerating compared with a month earlier.
The volume accounted for 57.3% of Japan's total coking coal imports in the month, hitting the third highest since March 2018, data showed.
Japan took 889,500 tonne from Indonesia last month, down 17.44% and 13.16% respectively from a year ago and a month earlier.
Shipments from Canada were followed, at 516,200 tonnes, which were 38.05% lower from the year ago level but 42.56% higher from the month prior.
During January-October, Japan's coking coal intakes stood at 52.08 million tonnes, falling 8.29% year on year.
(Writing by Emma Yang Editing by Tammy Yang)
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