An increasing number of overseas suppliers have become involved
in Guangdong's coal market, as the south China
province's imported coal volume soared during the first three
quarters of the year.
The provincial Economic and Trade Commission said Guangdong
imported 12.96 million tons of coal from foreign countries, growing
by 96 percent over the same period last year. Just over 80 million
tons of coal came from sources outside the province, up 18.1
percent on a year-on-year basis.
Guangdong, a major coal consumer in China, shut down all its
coalmines last March for safety concerns.
The commission said the province's major overseas coal suppliers
are Vietnam, Australia and Indonesia, and to a lesser degree Russia
and Canada.
Vietnam, Guangdong's largest coal supplier, provided about half
of the province's coal imports during the first three quarters of
the year.
Experts foresee a steady increase of overseas coal imports to
Guangdong next year, as northern Chinese coal mines limited by cost
and transportation capacity may not be able to fully satisfy the
southern markets demands.
(Xinhua News Agency November 3, 2006)
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