China May Seek More Coal From Mongolia as Russia's Share Shrinks.

THERMAL coal; ECONOMIC conditions in China; PRICE deflation; COKING coal; PETROLEUM; COAL sales & prices; STEEL industry; SPOT prices

China's coal imports surged in 2024, with significant increases from Australia and Mongolia, while Russian shipments declined. Mongolia may benefit from China's stable demand and seek to expand its market share at Russia's expense. Despite a glut of domestic coal in China, the country still relies on higher grade coal for steel production, favoring Australian and Mongolian suppliers. Mongolia is strategically positioned to increase its coal exports to China, with plans to improve rail connections for more efficient trade. [Extracted from the article]

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