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Friday, 27 November 09
IN FIRST-10-MONTH OF 2009 COAL IMPORTS IN GUANGXI-FANGCHENG EXCEEDED FULL-2008 IMPORTS


According to Customs statistics, during the January-October, Fangcheng port accumulatively imported 3.676mln tons valuing U.S.$370, rising by 53.8% and 1.3 times over the same period last year, surpassing the full year of 2008’s 2.847mln tons and U.S.$190mln.

In October, coal imports were 395,000 tons valuing U.S.$33.047mln, up by 65.3% and one time, correspondingly.

Under the condition of a reduction 19% in total Fangcheng port importing amount, coal imports always keeps upturn.

Coking coal and anthracitic coal are main import products. Main traders are Australia and Indonesia. As for the continuous influence of global financial crisis, China highly adjust the policies, which efficiently curbs the overall economic environment pick-up, cement, steel and other industries also gradually started to resume production, meanwhile, the sharply increasing power consumption resulted in by the consecutive high-temperature dry weather for late-summer in Guangxi and the coal storage in advance with the approaching of winter greatly boost the coal imports of Fangcheng port.
Source: MetalBiz / Alibaba



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