China May coal imports fall on weak demand - customs
MG News | June 09, 2022 at 09:39 AM GMT+05:00
June 09, 2022: China's coal imports fell in May after a strong rebound in the previous month, official data showed on Thursday, as cheap domestic sources and weak demand due to Beijing's zero-COVID curbs dented appetite for overseas cargoes.
For the first five months of 2022, the world's biggest coal consumer imported 95.96 million tonnes, down 13.6% on the year, the General Administration of Customs said in a statement.
That means May imports were 20.55 million tonnes, according to Reuters calculations based on the five-month data, versus 23.55 million tonnes in April and 21.04 million tonnes a year ago.
Reuters
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