Chinese imports of Russian coal hit five-year high

Thursday, 22 September 2022newsdesk

Chinese purchases of Russian coal reached 8.54 million tons, up from 7.42 million tons in July, marking a significant year-on-year growth of 57%, according to data released by the General Administration of Customs on Tuesday.

New Delhi, 22 September 2022

As per news report of Rt.com, the monthly figure is reportedly the highest since comparable statistics were launched back in 2017. The surge is attributed to the drought and heatwave that hit western and southern China in late July. Extremely hot weather forced coal-fired power plants to step up production to satisfy soaring demand for air conditioning and close the supply gap from hydropower stations.

Source - Rt.com