China’s Coal Imports Could Decline in 2025 ...Middle East

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China’s Coal Imports Could Decline in 2025
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China’s recent surge in coal production and imports has combined with a weaker economy to create a coal glut, which has prompted Chinese importers to discuss lowering volumes under long-term contracts next year, Bloomberg reports, quoting the main coal trade body. This year, Chinese coal importers have seen losses on their purchases of thermal coal, the type of coal used in power plants, amid persistently low domestic prices, the China Coal Transportation and Distribution Association says. Chinese coal imports could fall next year by 4% from…

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