Korea’s imports of power coal fell to an eight-month low in February

According to the latest data of Korean Customs, Korea imported 8.2519 million tons of power coal (bituminous coal and sub-bituminous coal) in February, 10.83% less than 9.2546 million tons imported in the same period last year and 23.49% less than 10.7849 million tons imported in January, the lowest since June last year.

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Bituminous coal

In February, Korea imported 802.98 million tons of bituminous coal, down 7.95% and 24.48% respectively from the same ring.

In terms of different countries, South Korea imports the most bituminous coal from Australia, which is 301.27 million tons, up 45.07% year-on-year, but down 26.71% year-on-year.

In the same month, South Korea ranked second in imports of bituminous coal from Indonesia, with 26875,000 tons, an increase of 3.88% over the same period last year, and a decrease of 32.24% annually.

In February, South Korea’s bituminous coal imports from Russia ranked third, at 10111,000 tons, down 21.73% year-on-year and 10.66% year-on-year.

South Korean bituminous coal imports in the same month amounted to $671 million, down 26.9% from the previous month. Based on this, the average import price of bituminous coal in that month is estimated to be 83.6 US dollars per ton, down 5.41% from 88.39 US dollars per ton in the same period last year and 3.2% from 86.37 US dollars per ton in the previous month.

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Sub bituminous coal

In February, South Korea imported 2221,000 tons of sub-bituminous coal, down 58.23% year-on-year and up 46.21% year-on-year. South Korea imported bituminous coal from Indonesia that month.

In February, South Korea imported 14.571 million US dollars of sub-bituminous coal, an increase of 74% over last month’s imports. Based on this, the average import price of bituminous coal in that month was US$65.6 per ton, down 3.36% from US$67.88 per ton in the same period last year, and up 19.03% from US$55.1 per ton in January.

anthracite

In February, South Korea imported 7819,000 tons of anthracite, an increase of 33.98% over the same period last year and an increase of 45.39% annually.

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