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Bangladesh's Coal Import Hit a Record High in October 2019

https://en.steelhome.com [SteelHome] 2019-11-20 16:10:24

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In October, the import volume of coal in Bangladesh reached a record high, breaking away from the continuous import slump since the fiscal year 2018.

According to statistics of relevant agencies, Bangladesh imported 1.06 million tons of coal in October, an increase of 148% over the previous month's 428000 tons.

This follows a period of near stagnation in Bangladesh's coal imports. During the monsoon that lasted for several months, Bangladesh greatly slowed down the speed of coal import, of which the import volume from May to July was almost zero and began to recover in August, with a total of 10000 tons.

After entering September, with the retreat of monsoon, the import volume of Bangladesh quickly recovered to the scale before the rainy season.

From January to October of 2019, Bangladesh's coal import volume totaled 4.08 million tons, 28% higher than that of the whole year in FY2018.

(To contact the reporter on this story: crystal.lin@steelhome.cn or 86-555-2238927)
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