China's Coal Imports Up 17.3% in First 10 Months of 2013 from Same Period Last Year

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Researched by Industrial Info Resources China (Beijing, China)--From January to October 2013, China's accumulative coal imports reached 260 million metric tons, an increase of 17.3% from the same period in 2012, and the average import price was $89.80 per metric ton, a drop of 13.1% year over year, according to the Monthly Instant Report issued by the General Customs Administration of China (GCAC) on November 8, 2013.

From January to October 2013, China's accumulative coal exports reached 6.31 million metric tons, a drop of 1.58 million metric tons, or 20%, from the same period last year, and the accumulative export value reached $900.89 million, a drop of 34.1%.

From January to October 2013, China's accumulative coke and semi-coke exports reached 3.24 million metric tons, an increase of 2.33 million metric tons from the same period in 2012, and the accumulative export value reached $787.12 million, an increase of 96%.

In October 2013, China's export of hard coal and lignite reached 400,000 metric tons, a drop of 9.1% from the same period in 2012, or 18.37% from September 2013. The coal export value reached $55.83 million, a drop of 18.5% from the same period in 2012.

In October 2013, China's export of coke and semi-coke reached 520,000 metric tons, 10 times the amount in the same period last year, or an increase of 210,000 metric tons over September 2013. The export value reached $116.45 million, an increase of 66.9% over the previous month, or five time sthe same period last year.

China is the largest coal producer and consumer in the world. In 2012, China's accumulative coal output reached 3.66 billion metric tons, and accumulative coal consumption reached 3.62 billion metric tons. Due to the impact of weak market demand and the lower price in the international market, from January to September 2013, China's accumulative coal output reached 2.77 billion metric tons, a drop of 1.4% from the same period last year.

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