Chinese market expects import ban clarity in days

摘要

Chinese market participants expect to know within days whether a blanket ban on coal imports will be in effect in the final weeks of the year. Beijing has slowly tightened the noose since the start of November, with a fresh wave of measures, some of which effectively amount to a ban at certain ports. However, officials have remained mute on the prospect of a total ban on imports, leaving participants confused and frustrated. Some deliveries in the coming week could finally shed some light on the prospects for imports through December.