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China Coal Imports Market Report 2021: If the COVID-19 Epidemic Continues into 2021, Imports will Continue to Decline in 2021 and will Not Resume Growth Until 2022


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China is the largest coal producer and consumer. The huge coal consumption in China encourages foreign coal producers to expand their production capacity. In addition, overseas coal mines are mostly opencast ones, which makes it easy to increase production. However, coal production in China is restricted by environmental protection policies and other factors.
In recent years, some small and medium-sized coal mines had to cut or even stop production because their environmental protection facilities failed to meet standards. Meanwhile, the rising mining costs have made the coal prices in China higher than the international coal prices. For example, in 2019, the average price of imported coal was only US$78 per ton, about 10% lower than that of domestic coal. ....

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