China coal imports to continue affecting global prices: Platts
China's coal imports will continue from a more diversified number of sources over the long-term, exerting a major influence on international coal prices, according to Platts, a leading source of benchmark price assessments in the energy, petrochemicals and metals sectors.
James O'Connell, the editor-in-chief of Platts' Coal Trader International, which delivers price assessments for coal trading in the Atlantic and Pacific markets, said that the US in particular will pursue chances to increase its coal exports to the country.
He added that other countries are also expected to export more coal to China, including Indonesia, Australia and Russia.
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