China’s May coal imports fall 18%, hit by cheap domestic coal, renewables

Reuters on MSN.com

Image Credit: Reuters on MSN.com

Please find more details at Reuters on MSN.com

Summary

China, the world’s largest coal buyer, cut imports of the fuel by 18% year-on-year in May, customs data showed on Friday, as low-priced domestic coal chipped away at overseas purchases and renewables cut into coal-fired power generation.

Source: Reuters on MSN.com

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