China Imports of Australian Coal Surge After Embargo Lifted

What’s new: China’s coal imports from Australia jumped 20.6% year-on-year to more than 207,000 tons in February, official data show, after Beijing lifted an unofficial ban on purchases of the country’s fossil fuel.

Specifically, the Asian nation imported 134,254 tons of thermal coal and 72,982 tons of coking coal from Australia, according to data released by the General Administration of Customs on Monday. February’s imports of the two types of coal are valued at a total of nearly $41.9 million.