Coal shipments to top importer China could fall a further 25 million tonnes in 2016, analysts said on Monday, with foreign suppliers struggling to compete in a massively oversupplied market. Shipments of coal to China over the first nine months to September fell 29.8 percent to 156.36 million tonnes. Volumes are on track to fall about 60 million tonnes in 2015. The recent government push to support its domestic market and focus on cleaner energy sources has raised doubts over whether its status as an importer is sustainable. “We assume a further 25 million tonne drop from China,” said Fabio Gabrieli, director of dry bulk analysis at Mercuria Energy Trading, speaking at the Coaltrans world coal conference. “We believe that next year what China drops is going to impact Indonesian exports,” Gabrieli said, adding […]