Mining
China's coal imports in August were the highest for eight months and a drop compared to a year earlier
Customs data released on Monday showed that China's coal imports reached their highest level in 8 months in August. This was largely due to a drop in domestic supply. However, imports were still below last year. According to the General Administration of Customs, the country imported 42.74 millions metric tons of coke last month. This is the highest since December, but it's down about 7% compared to August 2024. China's imports of coal have fallen year-on-year, as buyers have turned to the abundant and cheap domestic supply. Since July, China has limited production in order to maintain prices. This led...