Platts Hill McGraw International, 17 September 2015. Vietnam’s Aug coal imports surge 80% on year to 564,329 mt on heavy rains, by Dao Dang Toan.
An edited extract of the original article appears below.
Vietnam imported 564,329 mt of coal in August, surging 80.2% year on year and up 15.2% from July, as severe weather disrupted most production and sales from late July to early August (2015), according to customs data released Wednesday.
The heaviest rain in 40 years hit the country’s key coal production area of Quang Ninh and forced main producer Vinacomin to halt production and sales in the province over July 26-August 3…
The other leading suppliers in the month included China (136,729 mt, up 291.8% year on year), Australia (108,779 mt, up 0.43% year on year) and Russia (100,226 mt, up 141.5%).
The imports in August were worth $45 million, up 18.4% year on year and up 4.7% from July.
Traditionally a coal exporter, Vietnam has actively turned to coal imports to meet rising domestic coal demand, particularly from the power sector.
Over January-August, the country imported 3.28 million mt of coal, up 60.2% year on year, worth $288 million, up 15.6% year on year.
Main suppliers of coal to Vietnam over January-August included Indonesia (1.1 million mt, up 12.1% year on year), Australia (695,539 mt, up 59.6%), and Russia (652,075 mt, up 348.1%)…
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