| China has long benefited from cheap thermal coal imports from Indonesia. But that may be coming to an end. The Chinese government last week announced it will add a 3% tax to imports of lower-quality lignite coal. The move basically targets Indonesian coal, which accounted for 97% of all Chinese lignite imports through the first seven months of 2013.
It will be interesting to see what effect the new rules--effective as of August 30--have on China's coal import mix...............................................Full Article: Source
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