80 coal ships in China stand-off

Original article by Perry Williams, Will Glasgow
The Australian – Page: 1 & 4 : 27-Nov-20

Australia’s coal exports to China fell by 96 per cent in the first three weeks of November. Industry sources have indicated that 82 bulk carriers are currently in Chinese waters and awaiting permission to unload 8.8 million tonnes of Australian coal. China’s ban on coal imports from Australia has forced producers to find alternative markets for their coal, often at a discount. Meanwhile, North American coal is now being sold to China at a premium to Australian coal.

CORPORATES

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