China's Coal Import up 37.4 pct in March

Figures from the General Administration of Customs showed that China imported 5.72 million tonnes of coal in March, up 37.4 percent year on year.

The monthly amount also represented a 11.9 percent rise from February.

Analysts attributed the coal import rise to the recovering domestic demand and lower imported coal price compared with the domestically-produced coal.

China's electricity generation, a key indicator of the economic health, slipped 0.71 percent from a year ago to 286.73 billion kilowatt hours in March. It was slower than the year-on-year 3.7 percent decline in January and February, showing recovery signs, experts said.

Source: CRIEnglish