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Coal Import Quantity Decreased by Unbalanced Supply and Demand

Author:Huangpu Customs of China

Release Time:12/06/2012

Price: $58 $29

Attention Rcvd:

According to the statistics by China Customs, from January to July 2012, imports of coal and lignite to Huangpu port totaled 16.65 million tons with a value of USD 1.37 billion, up 19.9% year-on-year and 18% year-on-year; the average import price was USD 82 per ton, down 1.6% year-on-year. All were through ordinary trade.

1. Main causes of coal imports to Huangpu port up in quantity & down in price in Jan.-Jul. 2012:

(1). Pressure of high stock led to the dropped price of coal imports.

(2). Unbalanced supply and demand led to the declined import price.

(3). Cheaper coal price at abroad led to increasing coal imports.

2. Notable Matters:

(1). Lower import price brings pressure to homemade coal sale.

(2). Jagged quality of imported coals.
(To be Continued)......Totally 9 Pages in This Report
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