India to surpass China as largest importer of coking coal

India is on course to overtake China as the world’s largest importer of coking coal as soon as next year, according to Australian producers.

Imports of the commodity are expected to reach 67m tons in 2020, against 64m this year, while China should see its imports drop to 64m from 68m, according to the latest report from Alphabulk, a unit of AXS Marine.

The divergence should continue into 2021, with the potential gap between the two countries reaching 8m tons.