Sunday 22 November 2015

China Coal Import dropped by 17 % in August 2015

* Imports from Jan to Aug down 31.3 pct on year* Currency devaluation erodes competitiveness of imports
* Exports rise 29.3 percent (Adds detail, background)
BEIJING, Sept 8 China, the world's largest coal buyer, imported 17.49 million tonnes of the fuel in August, down 17.7 percent from July, with already weak demand affected by a currency devaluation that made foreign coal more expensive.

Read more at Reutershttp://www.reuters.com/article/2015/09/08/china-economy-trade-coal-idUSL4N11E1P920150908#OYrMDZu6MUC4QDeg.99
 
 

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