According to statistics of China National Development and Reform Commission, China imported a total of 164.78 million tonnes of coal in 2010 up by 30.9%YoY. Imports spent USD 16.9 billion increase of 60.1%YoY underscoring that while imports increased in 2010, international coal price surged with it.
Moreover, this year international coal demand of China was expected to continue to grow and it’s going to be even more responsive to international coal prices.
The bulletin showed China’s crude oil consumption jumped 12.9%, natural gas 18.2%, electric power 13.1% and coal consumption 5.3%. The growth in coal demand had outrun that in coal production in 2010, which rose by a YoY 300 million tonnes. Imports reached a record high of over 160 million tonnes. (courtsey news by mysteel)
Tags : statistics of China National Development and Reform Commission, China total coal import 164.78 million tonnes,
Moreover, this year international coal demand of China was expected to continue to grow and it’s going to be even more responsive to international coal prices.
The bulletin showed China’s crude oil consumption jumped 12.9%, natural gas 18.2%, electric power 13.1% and coal consumption 5.3%. The growth in coal demand had outrun that in coal production in 2010, which rose by a YoY 300 million tonnes. Imports reached a record high of over 160 million tonnes. (courtsey news by mysteel)
Tags : statistics of China National Development and Reform Commission, China total coal import 164.78 million tonnes,
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