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Singapore Coal Monthly More bad news in May
SINGAPORE | MINING | SECTOR UPDATE China Prolonged restriction on coal import In Jun-19, China Customs reiterated the surveillance on the coal import, restricting the inflow of lower quality coal. According to S&P Global, Fuzhou port declined the customs clearance for coal imports without the backing of local end-users such as local steel mills or power plants. The lengthened uploading and custom clearance for imports also occurred at public ports in Guangxi province, including Qinzhou and Fangcheng. The delays increased by ten days on average.
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