Inform
Has China's Guangzhou port really banned coal imports?
Report summary
Various news reports suggest China's Guangzhou port will impose a ban on the unloading of imported coal from 10 September to the end of the year. The port, which is one of the largest import ports for thermal coal in the country, has reportedly reached its import quota. An official statement released by Xinsha, a Guangzhou port subsidiary, refutes the claims of a ban. The company said coal imports were operating normally again after typhoon conditions caused a backlog that left storage facilities temporarily unable to accept new cargoes. However, after speaking to traders, mills and utilities, Wood Mackenzie has verified that some form of import restriction has indeed been imposed on the port. We believe Guangzhou port will restrict coal imports for the rest of the year, but it will not have a major impact on China's total import supply.
Table of contents
- Has China's Guangzhou port really banned coal imports?
Tables and charts
This report includes 1 images and tables including:
- China coal import by key provinces, Mt
What's included
This report contains:
Other reports you may be interested in
12 December 2017
China coal long-term outlook H2 2017
Commodity Market Report
China coal long-term outlook H2 2017
Government policy will be the key driver in the near term, but the market will stabilise while also declining in size in the long term.
$3,40008 November 2019
China’s strong domestic coal supply poses greater threat than import ban to seaborne prices
Insight
China’s strong domestic coal supply poses greater threat than import ban to seaborne prices
Less restrictive end-of-year import limits likely, while fundamentals fuel price-fall fears
$1,10017 April 2018
China limits imports to support domestic coal prices
Insight
China limits imports to support domestic coal prices
Another kneejerk reaction to curb imports and control prices.
$1,100
Trusted by leading organisations
