South Korea's met coal (including coking coal and PCI coal) imports in December hit a second high in the year 2020, only second to October imports of 3.1 million tonnes, the latest customs data showed.
The country imported 2.95 million tonnes of met coal, up 21.11% from a year ago and 10.52% from a month ago, data showed.
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Its accumulative met coal imports were 30.48 million tonnes during the year, down 3.29% from 31.52 million tonnes over 2019, data showed.
South Korea imported 1.86 million tonnes of coking coal in December, rising 7.37% year on year and 9.7% month on month.
Australia was the largest coking coal supplier to South Korea last month, shipping 648,100 tonnes, rising 3.5% on the year and 9.4% on the month.
South Korea's coking coal intakes from its second supplier Canada came in at 619,600 tonnes, surging 64.09% year on year and 36.84% month on month.
Followed was Russia, which shipped 349,700 tonnes of the steelmaking material to South Korea, down 21.56% year on year but down 16.28% month on month.
South Korea's coking coal imports were worth $204 million last month, falling 16.37% from the previous year but rising 13.15% from a month ago. The average import price was calculated at $109.92/t, slumping 22.12% year on year but up 3.15% from the month-ago level.
During the year 2020, the country's coking coal intakes stood at 21.27 million tonnes, 5.99% lower than the 2019 level
South Korea's PCI coal imports came in at 1.09 million tonnes in December, skyrocketing 54.72% year on year and rising 11.95% month on month.
Australia ranked first in PCI export to the Asian country, with total supplies of 840,100 tonnes, surging 67.72% year on year and 53.08% month on month.
Meanwhile, 180,100 tonnes were taken from Russia last month, up 17.64% from the year-ago level, but down 21.66% from a month ago.
South Korea saw PCI coal import value rise 24.44% on the year and 14.52% on the month to $119 million in the month, translating into average import price of $108.75/t, which was down 19.57% on the year but up 2.29% from November, data showed.
In 2020, the country bought 8.22 million tonnes of PCI coal, up 3.56% year on year.
(Writing by Rebecca Liu Editing by Tammy Yang)
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