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Aussie coal in demand during Chinese winter

FREEZING weather this northern hemisphere winter has prompted a surge of imports of Australian coal to China’s coal compared to a year ago, according to customs data.

Lou Caruana
Aussie coal in demand during Chinese winter

Strong demand by Chinese utilities helped push imports of Australian coal 9.4% higher in January to 7.94 million tonnes.  

The General Administration of Customs data shows the figure was 8.07Mt in December.

Some Chinese coal-fired power plants have warned of tight supplies of coal as inventories fell below critical levels due to record daily consumption during the deep winter freeze, according to a report by Reuters.

“Imported coal will continue to play a key role as a supplement of domestic coal until mid-March as heating demand in northern China remain robust,” a Zhengzhou-based trader reportedly said.

China brought in a total of 27.81 Mt of coal in January, the highest level in four years.

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