Q1? we are still in March aren't we? NBS (National Bureau of Statistics of China) will announce their numbers around 22nd April give or take ,
all I know is, According to the latest data released by the General Administration of Customs China, from January to February 2023, coal importation is total of 60.642 million tonnes, an increase of 25.251 million tons, or 71.4%, from 35.391 million tons in the same period last year.
Chinese domestic coal production last year was 2.6 billion tonnes, an average of 216 million tonnes a month, what are you talking about Q1 , 65 mil suply ???
traditionally Chinese start purchasing their thermal around late May, if you would like to wait till then
2023 CHART THREAD, page-122
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