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.
Aussie coal in demand during Chinese winter Aussie coal in demand during Chinese winter Aussie coal in demand during Chinese winter Aussie coal in demand during Chinese winter Aussie coal in demand during Chinese winter

Lou Caruana

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.