https://www.engineeringnews.co.za

China's 2017 coal imports from Russia surge after N Korea ban – customs

25th January 2018

By: Reuters

  

Font size: - +

BEIJING – China's coal imports from Russia and Mongolia soared in 2017, customs data showed on Thursday, as the two countries filled a supply gap caused by trade sanctions on North Korea.

Arrivals from Russia in 2017 surged 36.3% from 2016 to 25.3-million tonnes, data from the General Administration of Customs showed, with December figures at 2.14-million tonnes, up 16.2% from a year ago and 11.5% from November.

Imports from Mongolia rose to 33.58-million tonnes in 2017, up 27.6% from 2016, while December's imports came in at 2.83-million tonnes, down 18.6% from a year ago but up 2.5% from November.

China issued a ban on coal imports from North Korea in late February, about a week after the country tested an intermediate-range ballistic missile. For the rest of the year, China only reported North Korean coal imports in August and September.

In 2016, China brought in more than 20-million tonnes of North Korean coal, making it Beijing's fourth-largest supplier after Australia, Indonesia and Mongolia.

"The majority of market share left by North Korea was grabbed by Russia, as mining costs in Russia are cheaper than in China's northeastern region," said Cheng Gong, an analyst at the China National Coal Association.

In 2017, Australia was China's largest coal supplier for a sixth year in a row, bolstered by increasing demand for high-grade supplies due to Beijing's crackdown on air pollution.

Coal imports from Australia rose 13.4% from 2016 to 79.91-million tonnes. In December, China bought 8.07-million tonnes of Australian coal, up 19.4% from a year ago.

Australian coal, with lower pollutants such as sulphides and ash and a higher energy value, is considered a high-grade fuel compared to Mongolian and Indian supply.

Arrivals from Indonesia in 2017 fell 9.7% from 2016 to 35.28-million tonnes. December imports of 1.71-million tonnes were down 63.1% from the same period in 2016.

In late November, Beijing eased some restrictions on coal imports to ensure stable coal supplies during the peak winter heating season.

Data released earlier this month showed China's total December coal imports rose 3% from November to 22.74-million tonnes.

Vessel-tracking and port data compiled by Thomson Reuters Supply Chain and Commodity Forecasts suggest China in January will import around 20.9-million tonnes of seaborne coal, both thermal and coking, up from 17.2-million in December and 19.1-million in November.

Edited by Reuters

Comments

Showroom

Booyco Electronics
Booyco Electronics

Booyco Electronics, South African pioneer of Proximity Detection Systems, offers safety solutions for underground and surface mining, quarrying,...

VISIT SHOWROOM 
Yale Lifting Solutions
Yale Lifting Solutions

Yale Lifting Solutions is a leading supplier of lifting and material handling equipment in Southern Africa. Yale offers a wide range of quality...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.092 0.146s - 156pq - 2rq
Subscribe Now