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China's March Coal Imports Up 21% on Year to 26.7 Million MT

 

 

By Michelle Zhao and Pankti Mehta


April 16, 2018 - China imported 26.7 million mt of coal in March, including lignite, thermal and metallurgical material, up 27.70% from February and up 20.80% year on year, according to preliminary data released Friday by China's General Administration of Customs.


"As expected, China commodity imports rebounded strongly in March following subdued imports during the Chinese New Year month," Australia & New Zealand Banking Group Ltd analysts said in a note.


Imports over January-March totaled 75.41 million mt, up 16.6% year on year.


The country exported 0.22 million mt of coal in March, down 84.05 % year on year, the data showed. 


Over January-March, exports reached 0.97 million mt, down 60.5% year on year.

 

The GAC did not give a breakdown of the March imports and exports, which would be available later this month. 

 

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