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    coal investing

    Chinese Coal Imports Rebound After Two Consecutive Months of Decline

    Investing News Network
    Apr. 22, 2013 09:45AM PST
    Industrial Metals

    Reuters reported that Chinese coal imports for March rose by 13.3 percent, marking the first rise after two consecutive months of decline, but are still significantly down from the end of last year.

    Reuters reported that Chinese coal imports for March rose by 13.3 percent, marking the first rise after two consecutive months of decline, but are still significantly down from the end of last year.

    As quoted in the market report:

    China is the world’s biggest coal consumer and importer. March imports, excluding lignite, were 20.52 million tonnes, compared with 18.12 million in February. Still, shipments are down nearly nearly a third from a record 29 million tonnes in December.

    To view the whole Reuters report, click here.

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