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Report: Stricter port rules drag down China's coal imports in November

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Report: Stricter port rules drag down China's coal imports in November

China imported less coal in November amid stricter port rules, Reuters reported Dec. 8, citing data from the country's customs administration.

The Asian producer imported 20.8 million tonnes of the fuel during the month, down 19% from October's 25.7 Mt and up from 19.2 Mt a year ago, Reuters reported. A total of 299.3 Mt of coal entered the country in the nine-month period, surpassing its total shipments a year ago.

Several ports in eastern China have held off clearances for shipments carrying coal since October, Reuters reported, citing three traders.

Miners in Indonesia, China's second-biggest coal supplier, were also discouraged from selling to China in November amid lowering profit margins, Reuters said, citing analysts and traders.