Logo 26 Mar 2024

Coal shipments return from down under

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Recovering Sino-Australian ties are driving a boom in China's imports of Aussie coal.
Recent customs data show China bought USD 1.34 billion of coal from the land of Oz for the January-February period.

That's up...ahem...about 3,188% y/y.
Note that China imported exactly zero Aussie coal in January...