Canadian coking coal exports to China jump 21% in 2020

Canada's coking coal exports to China increased by a fifth in 2020 amid a “verbal ban” imposed by Chinese authorities on cargoes from Australia late last year.

Shipments from Canada amounted to 3.96 million tonnes, up by 21% from a year earlier, according to data released on March 1 by the Port of Vancouver.
China imported a total of 72.63 million tonnes of coking coal in 2020, down by 3% from 74.49 million tonnes a year earlier, the country’s customs data shows.
Since late 2020, Chinese steel mills without easy access to domestic coking coal have been increasing their term contract volumes with Canadian suppliers, market sources told Fastmarkets previously.

Canada...

Published

Alice Li

March 09, 2021

07:12 GMT

Shanghai