China's Surging Coal Imports
China Securities·2024-12-05 02:58
M Idea Commodity Matters | Europe December 2, 2024 02:34 PM GMT China's Surging Coal Imports China's thermal coal imports have risen 80% in the last 2 years and are showing no sign yet of peaking out. New coal contract guidelines from 2025, including relaxed minimum captive sourcing requirements and improved linkages to international prices, are likely a further boost to import volumes. Key Takeaways New contract guidelines lower the minimum captive share requirement from 80% to 75% from 2025, giving genera ...