China is on track to import this month the highest volume of thermal coal, the one used in power generation, since at least 2017, as electricity demand is rising with the colder weather. Chinese thermal coal imports are set to be at 37.5 million metric tons for November, according to data by commodity analysts Kpler cited by Reuters’s columnist Clyde Russell. This estimated volume would be significantly higher than the 32.12 million tons of thermal coal imported in October and the highest level in data compiled by Kpler going back to 2017.…
