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Friday, 16 July 10
CHINA EXPORTS 10.14 MILLION TONNES OF COAL IN H1 OF 2010


China exported 10.14 million tonnes of coal in the first half of this year, down 13.1% compared with the corresponding period of last year, according to the latest data issued by the Chinese customs authorities Meanwhile, the total income from coal export sales for the given period was $1.05 billion, decreasing by 26.8 percent year on year. During the period in question, China's average export price for coal was $103.3 per tonne FOB, declining by 15.8 percent from the same period of 2009.

In Jun, the country's coal export volume came to 1.27 million tonnes, increasing by 11.4 percent compared to Jun 2009, with the total resulting revenue reaching $188 million. In the month in question, the average coal export price was $147.8 per tonne FOB, up 48.1 percent year on year.

On the import side, China's total coal imports amounted to 68.98 million tonnes in the first five months of this year, up 114 percent year on year. According to current estimates, China's coal imports for the whole year will reach 100 million tonnes. Thus, China is expected to remain a net coal importer in 2010.
Source:India Info Online / Hellenic Shipping



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