Pu Thai million: This year the volume of coal exports to China will increase about 30%

By Zou cheaponsale

Thailand's biggest coal enterprises - million Pu (Banpu) BANP.BK older vice leader of trading for Huang de feng Monday said Pu million this year, China designs to trade items about two million tons of coal, up from last year about 1.5 million tons, an boost of about 30%.

In his 2009 China International Coal Conference, said Pu million this year equated to China's exports in 2007 smaller than 2007 million in exports to China Pu 250-300 million tons.

Chinese Customs figures demonstrate China's coal imports surged in March to 5.72 million tons, mostly due to worker coal prices higher than the worldwide price of coal.

"China's imports will be more at least until the end of this year." Huang de feng said.

He spiky out that the relatively forceful yuan, China's coal demonstration charge is not low, and came the southern port of the worldwide coal price is also competitive.

However, there are some traders in the import of coal to China is not optimistic about the prospects, they think that foreign and domestic coal prices coal inversion phenomenon does not exist a long time. - 18418

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