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China Jan-Sep thermal coal imports down 39pct on yr

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Publish time: 26th October, 2015      Source: www.cnchemicals.com
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China’s imports of thermal coal—including bituminous and sub-bituminous coals, plunged 38.91% year on year to 63.6 million tonnes over January-September this year, according to the latest data released by the General Administration of Customs.Of this, thermal coal imports from Australia fell 25.78% on year to 33.89 million tonnes during the same period; those from Indonesia decreased 41.38% on year to 20.93 million tonnes.Imports from Russia stood at 7.47 million tonnes during the same period, falling 33.96% from a year ago.Lignite imports over January-September were 37.33 million tonnes, down 26.07% from the year prior, with imports from top supplier Indonesia at 35.14 million tonnes, down 20.96% year on year.China’s thermal coal imports in September amounted to 6.93 million tonnes, falling 25.91% from a year ago and down 3.72% from August.That was the 7th straight yearly drop as well as the first decline after the 4th consecutive monthly rise, mainly due to the subdued demand from downstream sectors amid cooler weather and continuous falling prices at domestic market.