Zhang Xiaojin Browse All Authors Top 7 quotes by Zhang Xiaojin Imports from March have shown a recovery, which is related to the increase in domestic prices, and I believe that the recovery will be sustained into April and May. Zhang Xiaojin energy The decline in coal import volumes has two main causes - the decline in overall demand caused by China's economic slowdown, and the fall in domestic prices which has undermined the price advantage enjoyed by imported coal. Zhang Xiaojin energy Declines in the overall data were to be expected because demand in the market is relatively low. Zhang Xiaojin energy There isn't going to be much improvement because domestic demand is low and stockpiles are high. Zhang Xiaojin energy Essentially, the decline is caused by falling demand, and the tougher regulations have only made it more difficult to import coals of lower quality from some producers like Indonesia. Zhang Xiaojin energy The VAT cut is apparently good news for China's coal industry. The expected 4 percentage point cut will relieve a lot of pressure from domestic coal firms as they do not have many advantages competing with foreign mines in either price or quality. Zhang Xiaojin energy The VAT cut will not change the current imbalance between supply and demand. Zhang Xiaojin energy
