![]() However, August imports from Australia are markedly lower year on year, according to Platts Analytics. Over January-August, Australia exported 38.6 million mt of thermal coal and 31.6 million mt of metallurgical coal to China, up from 4.6 million mt and 8.5 million mt year on year respectively, Platts Analytics said. 7.Īustralian thermal coal exports to China have been fairly resilient despite Chinese coal import quotas being hit at some ports as early as April this year, according to S&P Global Platts Analytics. 7 while unconfirmed offers were heard at $39-$40/mt FOB.īids for this grade were heard at $40/mt FOB, down $2 from Oct. Offers were heard for high-ash 5,500 kcal/kg NAR Australian coal loading in November at $40.50-$41/mt FOB on Oct. However, the market was still in the process of understanding its impact as the means and extent of its implementation remained unclear, sources said. Huaneng Power International and Huadian Power International declined to comment.ĭatang International Power Generation Company and Zhejiang Electric Power Co Ltd were not immediately available for comment.Ī state-owned utility has temporarily halted the execution of a vessel of high-ash 5,500 kcal/kg NAR Australian coal contracted earlier, a source close to the matter said.Īlthough there was no clear timeline for the Australian coal ban, sources expected imports of Australian coal to remain difficult till the political tensions between the two governments are resolved. State-owned utilities including Huaneng Power International, Datang International Power Generation Company, Huadian Power International and Zhejiang Electric Power Co Ltd were heard to have received the verbal notice from China’s customs, sources said. ![]() ![]() Singapore - State-owned utilities and steel mills in China received verbal notice from China’s customs to stop importing Australian thermal and coking coal with immediate effect, several sources close to the matter told S&P Global Platts Oct. Chinese state-owned end-users given verbal notice to stop importing Australian coal: sourcesĪustralian thermal coal exports remained resilientĬhinese buyers were cautious on uncertainty ![]()
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