Chinese Sep coking coal import volumes hit eight-month high
September imports of coking coal into China hit their highest level in terms of volumes since January 2010, with 4.17 million mt imported, up 7.5% on August figures but 2.7% less than in September 2009, according to China customs data seen by Platts Tuesday.
After lagging behind Mongolia for the last three months, Australia regained its position as the largest seller of the steelmaking raw material into China, with a total of 1.76 million mt. This was more than double the volumes imported in August, but 38.8% less than in September 2009.
Mongolian coking coal imports totaled 1.51 million mt, down 3.6% month on month, but 201% up compared to September 2009.
Chinese imports of US and Canadian coking coal decreased by 70% and 58%, respectively, on the month to 129,579 mt and 145,655 mt.
Since the start of 2010, 33.5 million mt of coking coal has been imported into China.
In terms of value, Canadian imports were valued at an average of 227/mt CIF China in September, Australian imports averaged $204/mt, US imports $191/mt, Russian $163/mt and Mongolian imports $67/mt.
--Julien Hall, julien_hall@platts.com
After lagging behind Mongolia for the last three months, Australia regained its position as the largest seller of the steelmaking raw material into China, with a total of 1.76 million mt. This was more than double the volumes imported in August, but 38.8% less than in September 2009.
Mongolian coking coal imports totaled 1.51 million mt, down 3.6% month on month, but 201% up compared to September 2009.
Chinese imports of US and Canadian coking coal decreased by 70% and 58%, respectively, on the month to 129,579 mt and 145,655 mt.
Since the start of 2010, 33.5 million mt of coking coal has been imported into China.
In terms of value, Canadian imports were valued at an average of 227/mt CIF China in September, Australian imports averaged $204/mt, US imports $191/mt, Russian $163/mt and Mongolian imports $67/mt.
--Julien Hall, julien_hall@platts.com
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