Friday, February 8, 2013

Is China Big Coal's Cash Cow? Maybe Not
Increasing domestic supply could mean U.S. coal suppliers get the slip
USA Today
MEG HANDLEY
Although China's ravenous appetite for energy continues to grow, the East Asian nation might not be the limitless cash cow Big Coal was hoping for according to a new study.
Recent research from analytics firm IHS CERA shows that while China gobbles up about as much coal as the rest of the world combined, demand for the fuel will peak before the end of the decade and decline steadily through 2035.

Survey predicts 10% fall in coal imports (CHINA)
China Daily
Du Juan

China's coal imports will decline 10 percent year-on-year in 2013, the first drop in five years, due to increasing domestic supply and the country's improved transportation network, a Thomson Reuters survey showed.
China - the world's largest coal importer - will import up to 210.8 million metric tons of the commodity in 2013, it said.