Outlook for Q4 thermal coal market remains bearish as Chinese import restrictions tighten

摘要

China’s seaborne thermal coal market participants painteda bleak picture for the demand outlook for the rest of the year as thecountry tightens its restrictions on imports.The issues surrounding the policy changes surfaced during the 6thGlobal Thermal Coal Resource and Market Summit 2018 organized byFenwei Energy in Beijing this week.China’s authorities have imposed stricter import controls onseaborne thermal coal, stopping all imports with immediate effect forthe rest of the year, S&P Global Platts reported Thursday.