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Chinese February thermal coal imports lowest since April 2011

London — China imported 5.06 million mt of thermal coal in February, down 13.6% on the year and 13.2% below January to the lowest monthly volume since April 2011, according to data Tuesday from the General Administration of Customs.

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The volume included 3.75 million mt of bituminous material and 1.31 million mt of sub-bituminous coal, but excluded imports of lower CV lignite material.

During the first two months of 2016, China imported 10.9 million mt of thermal coal, down 20.1% from a year ago.

Australia remained the largest shipper of thermal coal to China at 2.54 million mt, with the volume dropping 22% on the year but remaining steady month-on-month.

Imports from Indonesia were 1.78 million mt, up 5% year-on-year but down 16% from January to an eight-month low.

China's imports of Russian thermal coal slipped back below 1 million mt to 729,020 mt in February, up 6% on the year but 28.6% lower than January's one-year high.

Total lignite imports in February were steady on the year at 3.79 million mt, but fell 9% from January's four-month high. Of the total, 3.25 million mt was received from Indonesia.

--Jacqueline Holman,
--Edited by Jeremy Lovell,

(Corrects volume in para one)