China ’s coal imports rose 20.9% in March as its power stations struggled to cope with abnormally cold March weather and to replenish stocks at power plants and steel mills. “Demand was strong in March driven by stockpiling activities from power plant and steel mills,” said Ma Chong, an analyst with Shanghai LS Asset Management Center. However, imports will start to fall as the country imposes restrictions to manage its domestic supply. While Beijing had a hand in the growth by curtailing output with environmental regulations and efforts to eliminate inefficient mines, now that the drive is over, the country plans on boosting domestic production by decreasing imports by 3% and rising output by 20.9% , according to Josephine Mason of China Coal Transport and China Coal Transport .
China ’s coal imports rose 20.9% in March as its power stations struggled to cope with abnormally cold March weather and to replenish stocks at power plants and steel mills. However, imports will start to fall as the country imposes restrictions to manage its domestic supply. While Beijing had a hand in the growth by curtailing output with environmental regulations and efforts to eliminate inefficient mines, now that the drive is over, the country plans on boosting domestic production by decreasing imports by 3% and rising output by 20.9% , according to Josephine Mason of China Coal Transport and China Coal Transport .