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China orders coal companies to increase production
Coal producer's January-May profit up 62%
Prices up for coal in first two months

China exports less coal in first five months

(Xinhua)
Updated: 2008-06-13 10:30

China sold less coal abroad in the first five months largely due to efforts to ensure domestic supply, the General Administration of Customs said on Thursday.

Between January and May, China exported 18.5 million tons of coal, a decline of 4.1 percent from the same period last year.

But the export value rose 48.3 percent to $1.68 billion as the average price was up 54.68 percent to $90.8 per ton upon stronger demand worldwide.

In a related development, the nation imported 18.8 million tons of coal in the January-May period, down 18.1 percent from the same period last year.

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