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The Economic Times
The Economic Times
Business

Asia's thermal coal imports continue to rebound, except for India

LAUNCESTON, Australia: Asia boosted imports of thermal coal for a third straight month ​in July as major buyers such as China, Japan and ​South Korea bought more of the fuel to meet peak summer demand.

Asia, which buys about 90% of global seaborne thermal ​coal, is expected to import 73.16 million metric tons in July, up from 70.31 million in June and also above the 71.04 million from July last year, according to data compiled by commodity analysts Kpler.

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