Thursday, May 24, 2007

China's April Coal Imports Jump 27 Percent as Nation Remains Net Importer

(Bloomberg) -- China, which became a net importer of
coal this year, increased purchases of the fuel 27 percent in
April to meet higher energy demand in the world's fastest-growing
major economy.

Imports climbed to 4.92 million metric tons from 3.87
million tons a year earlier, figures the Customs General
Administration of China released in Beijing today show. Purchases
last month outweighed exports of 4.46 million tons. Over the
first four months, China imported a net 3.13 million tons of coal.


Read more at Bloomberg Energy News

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