Insight
Will China’s seaborne thermal coal imports slump with increasing domestic supply?
Report summary
The Russia-Ukraine conflict has resulted in a global energy crisis and soaring energy prices. The soaring seaborne coal price is partly why China’s seaborne thermal coal import dropped 14 Mt or 20% to 54 Mt in the first four months of the year. China is now attempting to increase domestic supply to stabilise domestic prices and partly replace high-priced seaborne imports. So, will the weak demand for seaborne imports continue to the end of the year? Please read our report for more details.
Table of contents
- Executive summary
- Approaches for China to reduce inflation
- The rail bottleneck will prevent imports from slumping
- Will the soaring seaborne prices continue to curtail China’s import demand?
- China’s economy more of a risk for import demand
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