China imported 3.76 million tonnes of thermal coal (including bituminous and sub-bituminous coals but excluding lignite) in November, slumping 49.67% year on year and 22.31% month on month, showed the latest data from the General Administration of Customs (GAC) on December 28.
The imports value tumbled 61.22% from a year ago and 23.14% from a month ago to $186.77 million. Price of imported thermal coal was averaged $49.67/t in the month, dropping $0.54/t from a month ago and $14.8/t from the previous year.
From January to November, China imported a total of 111.11 million tonnes of thermal coal, sliding 2.99% year on year, with the cumulative expenditure reducing 16.24% from a year ago to $6.55 billion.
China imported 3.69 million tonnes of lignite in November, diving 44.8% on the year but surging 44.14% on the month. The import value was $126.31 million, a 56% tumble year on year.
China's lignite imports totaled 78.84 million tonnes during January-November, falling 23.2% year on year, with the imports value amounting to $3.1 billion, falling 30.4% from the year-ago level.
(Writing by Rebecca Liu Editing by Tammy Yang)
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