A number of metallurgical coal has driven from Australia to China, indicating that the two countries relax trade restrictions.
According to Bloomberg News on Tuesday (January 31), shipping data shows that the bulk cargo ship Magic Eclipse loaded a batch of goods in Hay Point Coal Wharf, Queensland, Queensland, Australia.Zhanjiang, the steel production center of southern China.
A person familiar with the matter revealed earlier this month that the owner of the Hay Point Wharf Biche Piece Group reached an agreement earlier this month to sell two batches of metallurgical coal to China Baowu at the end of January.
Bihebu and China Baowu did not immediately reply to Bloomberg's request for comments.
China has been the largest trading partner in Australia in the past, and the Chinese market is essential for Australian mineral exports.However, the relationship between the two countries has continued to deteriorate over the past few years, prompting China to non -publicly prohibit the import of Australian coal at the end of 2020.
People familiar with the matter said that the China National Development and Reform Commission met with some electricity and steel companies on January 3 this year to discuss the restoration of Australian coal imports.Four companies such as Guoreng imported coal from Australia.
