China imported 8.23 million tonnes of thermal coal (including bituminous and sub-bituminous coals and excluding lignite) in September, falling 39.26% year on year but rising slightly by 0.73% from August, showed the latest data from the General Administration of Customs (GAC).
The imports were worth $415.6 million, down 53.40% on a yearly basis and down 2.43% month on month.
Thermal coal price was estimated to be $50.50/t in the month, dropping $1.64/t from a month ago and slumping $15.32/t from the previous year.
From January to September, a total of 102.51 million tonnes of thermal coal were imported by China, rising 7.36% year on year, with the cumulative expenditure reducing 7.36% from a year ago to $6.12 billion.
China purchased 3.36 million tonnes of lignite from other countries in September, sliding 59.9% on the year and down 29.71% from August. The import value was $123.73 million, a 65.8% decline year on year.
From January to September, a total of 72.59 million tonnes of lignite were imported by China, down 17.4% from the same period of last year. The imports amounted to $2.88 billion, falling 24.5% from the corresponding period of 2019.
(Writing by Shengnan Liu Editing by Tammy Yang)
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