Chinese utilities have been allocated up to 20 million mt of import quotas for seaborne thermal coal for the remainder of 2020 by Chinese authorities, in order to meet near-term demand amid a shortage of Chinese domestic coal, sources said Nov. 24.  The move came on the heels after China allocated up to 3 million mt import quotas to Jiangsu end-users on Nov. 19 and an uptick in inquiries for Indonesian thermal coal along the Yangtze river in eastern from two state-owned utilities Nov. 18, sources said. Utilities in Zhejiang, Jiangxi and Anhui in eastern China were allocated with a total of 4 million mt of import quotas, sources said. “While the local customs did […]