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China on track to smash coal import records

Home | Press | China on track to smash coal import records

Dry bulk rates would be in a much worse state were it not for the sensational amount of coal China has been importing in recent months

“Without these coal imports the bulk markets would be in the pits,” commented Giuseppe Rosano, founder of UK broker Alibra Shipping, noting how iron ore imports into China have been sluggish due to the weak construction sector.

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Dry bulk rates would be in a much worse state were it not for the sensational amount of coal China has been importing in recent months

“Without these coal imports the bulk markets would be in the pits,” commented Giuseppe Rosano, founder of UK broker Alibra Shipping, noting how iron ore imports into China have been sluggish due to the weak construction sector.

By Sam Chambers

(Originally published at Splash247.com – 21 July 2023)