26.10.2021, 12:03
Сoal Imports to China from the United States Increased by 870.6%
Source: ИА «Ореанда-Новости»
OREANDA-NEWS. In September, North American coal miners overtook Russian ones in terms of coking coal supplies to China and became the largest source of raw materials for China. According to Chinese customs statistics, since the beginning of the year, coal exports from the United States and Canada to China have increased by 870.6% and 92%, respectively.
This became possible after the ban on the import of Australian coal, which is now redirected to other countries of the Asia-Pacific region. Russian companies are also increasing production, and China will become their main market this year. American and Canadian brands are not superior in quality to Russian coal, serious export growth is hindered by a lack of transport capacity.
American and Canadian coal miners are actively increasing their share in the Chinese coking coal market, according to Chinese customs statistics cited by Argus. In the first nine months of 2021, the United States increased supplies by 870.6%, to 7.2 million tons, Canada — by 92%, to 6.6 million tons. Russian coal miners also showed an increase of 77.4%, to 7.7 million tons.
At the same time, in September, the United States, which a year ago did not supply coking coal to China at all, came out on top among exporters, delivering 1.46 million tons and overtaking Russia (927 thousand tons).
This became possible after the ban on the import of Australian coal, which is now redirected to other countries of the Asia-Pacific region. Russian companies are also increasing production, and China will become their main market this year. American and Canadian brands are not superior in quality to Russian coal, serious export growth is hindered by a lack of transport capacity.
American and Canadian coal miners are actively increasing their share in the Chinese coking coal market, according to Chinese customs statistics cited by Argus. In the first nine months of 2021, the United States increased supplies by 870.6%, to 7.2 million tons, Canada — by 92%, to 6.6 million tons. Russian coal miners also showed an increase of 77.4%, to 7.7 million tons.
At the same time, in September, the United States, which a year ago did not supply coking coal to China at all, came out on top among exporters, delivering 1.46 million tons and overtaking Russia (927 thousand tons).
Комментарии