China Coking Coal Imports Slump 14% in September as Prices Rise
- Inbound metallurgical coal shipments fall to 5.56 million tons
- Coking coal prices more than tripled this year to $242.90/ton
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China’s coking coal imports fell 14 percent in September from August as prices gained by more than half.
Purchases fell to 5.56 million metric tons last month from 6.49 million tons in August, the highest monthly figure since July 2015, according to data from the General Administration of Customs. September imports climbed 40 percent from a year ago. Metallurgical prices this year have more than tripled to $242.90 a ton.