The number of trucks carrying metallurgical coal into China in June rose to the highest level in 2022, as COVID-19 movement restrictions eased in the country, industry sources said June 30.
Daily coal hauls to China reached the year’s peak at about 820 trucks in the week started June 27, the latest data from investment bank Founder CIFCO showed.
Land border ports of Ganqimaodu and Mandura accounted for most of the truck traffic.
The number of trucks has more than doubled since May, when the daily Mongolian coal haul to China averaged 400 trucks, CIFCO’s data showed.
A resurgence of COVID-19 had disrupted truck inflows in February, with just 23 trucks moving coal from Mongolia to China, down sharply from about 100 trucks in January.
Mongolia has emerged as the top coking coal supplier to China in the absence of Australian coal. However, tight pandemic controls on both side of the China-Mongolia border impeded supplies in…