Across China: Qingdao

Plunging exports

Coke exports in the first four months at the Qingdao port remained at 20,000 tons and was worth $6.27 million. This was a plunge of 78.9 percent year-on-year and 83 percent year-on-year respectively, according to statistics of Qingdao customs.

The average export price remained at $314.3 per ton declining by 19.3 percent. In this January coke exports stayed at 4,000 tons and in February it rebounded a bit. However, it must be noted that coke exports had fallen in stagnation in March and April.

India remained China's largest export market -- 16,000 tons -- dropping 49.3 percent and it took up 77.7 percent of the total export volume of Qingdao port. Korea and Japan got 3,000 tons and 1,000 tons, respectively.

(China Daily 05/25/2009 page5)