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Coal imports "five by" first after decline

Release date2015-04-14 |
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Import and export data recently released by the General Administration of customs showed that 2014 1 December coal 29122 million tons imported in Chinain 2013, representing a decrease of 10.9%. It is the since 2009, China's Coalimports declined for the first time after 5 consecutive years of growth
In December 2014, howeverChina imports coal 27.22 million tonnes, increased 2943% per cent Under the influence of imported coal tariffs October 15, 2014,China's resumption, according to shipment projections in December 2014moreobvious Coal imports is less than in November, number of imported coal but in December it took markets by surprise, the chain significantly rises in NovemberNCR think coal, analysts said that interim measures or in connection with thetrade of coal quality management was introduced on January 1, 2015, and someimporters ahead of schedule and got piled on to customs before the new deal,leading to December 2014 per cent increase in the number of imported coal.
Analysts say 2014 annual imports to shrink 11% around in a lower than expecteddrop, away from the national development and Reform Commission proposed cuts incoal imports to 50 million goal there is still some distance As regards thenational level this year will release hard coal or tightening up of importpolicy will depend on domestic coal prices off the hook. Under the influence ofimported coal testing of the new deal, piled on to declare the end of 2014 inimported coal, combined with very strong wait-and-see mood in the market is expected in January 2015 Coal imports is or dropped (China Securities journal)
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