China's coal imports from Russia fall in Dec, but up 20% in 2022

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China's coal imports from Russia fall in Dec, but up 20% in 2022
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SINGAPORE : China's coal imports from Russia dropped in December as logistics issues and inclement winter in Russia curbed shipments and Chinese demand weakened amid surging COVID infections.Some 6.89 million tonnes of Russian coal reached China last month, down from 7.16 million tonnes in November, data

SINGAPORE : China's coal imports from Russia dropped in December as logistics issues and inclement winter in Russia curbed shipments and Chinese demand weakened amid surging COVID infections.

Russian coal exports have been restrained by transport bottlenecks in recent months, while freezing weather made loading and shipping more difficult. Indonesia remained China's top coal supplier in December and in 2022 as a whole, as Chinese utilities favoured its low-sulphur and low-ashes thermal coal.

During the January-December period, China's imports totalled 170.71 million tonnes, down 12.6 per cent from 2021.Beijing has granted permission to three utilities and China's biggest steelmaker to buy Australian coal, the first such move since it imposed an unofficial ban on coal trade with Canberra in 2020.

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