Key China Coal Importer Buys Australia Cargoes as Curbs Ease
- CEIC bought at least two cargoes, Baowu also in talks: people
- Coal officials to meet next week in Beijing for talks
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One of China’s biggest coal importers struck a deal for Australian cargoes and others are already in talks for purchases as curbs on imports from the producer are eased.
China Energy Investment Corp. bought at least two shipments from Australia and may purchase as many as four cargoes, according to people with knowledge of the matter. The coal will reach China in February, said the people who asked not to be named as the purchases haven’t been made public.