July 14, 2020 / 3:32 AM / 24 days ago

China's June coal imports fall 6.7% y/y on port curbs

BEIJING, July 14 (Reuters) - China’s coal imports in June dropped 6.7% from the same period last year, as stringent import restrictions at ports impeded purchases by traders and power plants, despite solid fuel demand.

China, the world’s top coal importer, brought in 25.29 million tonnes of the fuel last month, data from the General Administration of Customs showed on Tuesday.

That compares with 27.1 million tonnes in June last year but is still higher than 22.06 million in May, driven by stockpiling demand ahead of the peak summer season.

For the first half of 2020, China brought in a total of 173.99 million tonnes of coal, up 12.7% over the corresponding period last year. (Reporting by Muyu Xu and Tom Daly; Editing by Clarence Fernandez)

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