Tuesday, April 21, 2009

China increased coal imports from Russia

China increased coal imports from Russia

According to sources, China's imports from Russia in recent days a number of spot coal (net calorific value for the 5500 kcal / kg), the price 58-60 dollars / ton (FOB). The source refused to disclose the specific number of transactions, but said China's import demand is very strong which give the China manufacturer enough fuel material。

In recent months China's coal imports higher. Released by the State General Administration of Customs statistics show that the first quarter of this year, China imported 13.59 million tons coal, an increase of 20.1%. It is reported that China has imported from Australia coal prices more than 50 U.S. dollars only / ton (FOB).

In November 2008, the Russian Pacific ports to operate a coal terminal - Vanino Coal Terminal. The terminal coal exports this year, 350-400 million tons in 2012 to 12 million tons can be increased. Improved on the Asian market, the Russian coal supply capacity.

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