RTCC: Coal demand in China dropped by around 2.3% in the first eleven months of 2014 compared to the same period in 2013, government figures show.
Production of coal in China declined by 2.1% and imports fell 9.0%. Meanwhile, Chinas economy and production of electricity continued to grow.
The latest figures reinforce analysis by Greenpeace last October suggesting that Chinese coal consumption was going down.
This reflects a rapid loss of market share for coal in 2014, says Tim Buckley, director...