Concerns over China high-ash import policy dampen CCI 8 spirits

摘要

Concerns that China might imposerestrictions on imports of higher-ash thermal coal fromAustralia weighed on the Chinese seaborne market Friday,and to a degree offset expectations of lower domestic thermalcoal production, said market sources.Traders said they believed Chinese authorities could moveto restrict imports of thermal coal with ash higher than 15%after China’s Lunar New Year in mid-February next year, atime when market activity traditionally slows and coal burnin the country is coming off its winter peak.