Asia’s Coal Imports Dip as China and India Cut Purchases

Asia’s imports of thermal coal by sea slipped by nearly 8% in July from a year earlier, as a rebound in Japanese and South Korean purchases couldn’t offset declines in top importers China and India, which have boosted domestic supply and stockpiles in recent months. Asian seaborne coal imports fell by 7.8% in July compared to July 2024, data compiled by commodity analysts Kpler and cited by Reuters columnist Clyde Russell showed on Tuesday.   Coal shipments into Asia declined by 8.4% in the January-July period compared to the first…