Coal Watch_ A Softer Landing in China Coal Imports
China Securities·2024-11-10 16:41
5 November 2024 | 3:26PM EST Coal Watch A Softer Landing in China Coal Imports n Last year, we noted the potential downside risk to 2024 China coal imports and global coal prices driven by China's abundant coal inventories and strong coal production growth. However, while China coal balances have remained comfortable, we've underestimated China's inventory targets, which have helped support a yoy increase in coal imports into the region this year. n Specifically, China thermal coal imports have persistently ...