Hohhot Jan-Apr coal imports down 7.4pct on yr

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Publish time: 25th May, 2015      Source: www.cnchemicals.com
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Coal imports through Hohhot border crossing in northern China’s Inner Mongolia autonomous region neighboring Mongolia reached 5.17 million tonnes over January-April, down 7.4% year on year, showed the latest local customs data.Total value of the imports was 1.23 billion yuan ($201 million), down 31.7% on year. The average price of the imports during the same period was 238.2 yuan/t, down 26.3% on year, data showed.The April imports hit the highest of the year at 1.47 million tonnes, down 45.6% on year but up 46.8% on month. The average price of April imports was 262.7 yuan/t, down 8.4% on year and down 3.7% from March.The Hohhot customs attributed the decline of imports to overall demand deterioration amid energy use adjustment of the country.