China needs policy change for coal imports in 2021
As domestic coal prices are very high in China, imports into the country might increase in the coming year, according to Torvald Klaveness. However, this would require a policy change from the Chinese government
The arbitrage on coal imports is huge and the only limiting factor for imports to China today is the lack of import quotas, noted head of Klaveness Research Peter Lindström. He believes that the high domestic coal price in China will trigger a softer stance towards imports in the coming months