China’s imports of thermal coal in November are poised to surge to the second-highest monthly total this year, helping drive prices higher for the grades most commonly sought by the world’s biggest buyer of the power station fuel.
Thermal coal imports are expected to be around 29.21 million metric tons in November, up from October’s 24.62 million and second only to the 30.21 million in May, according to data compiled by commodity analysts Kpler.
Pylyp is an experienced private banker and asset manager.