SMM – Shanghai Metals Market: Mongolia Coking Coal Exports Surged to China, Australian Coal Less Attractive

According to data from China Customs, domestic aggregate coking coal imports were 30.38 million mt in the first three quarters, down 9.4% YoY. Imports made from Australia were down from 39.21% the same period last year, to 20.59%; imports from Mongolia rose from 29.81%, to 44.96%, making Mongolia the largest coking coal supplier to China. Coking coal imports made from Australia accounted for as high as 67% in China’s coking coal import market in 2009. Australia used to be the largest coking coal supplier to China, but domestic enterprises prefer to source coking coal oversea more widely. As Mongolia became one of the largest coking coal producers, imports from Australia are becoming less attractive. To read the full article, click hereMongolia Coking Coal Exports Surged to China, Australian Coal Less Attractive

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