Coal Imports to China Jump in April

Bloomberg reported that China’s coal imports in April 2012 were almost double over the same month last year.

As quoted in the market news:

The nation’s purchases of the power-station and steelmaking fuel including lignite, or brown coal, from overseas rose 90 percent to 25.1 million metric tons, the association said in a statement on its website today, citing customs data.

Click here to read the full Bloomberg report.