Several largest importers of Russian coal have sharply reduced purchases from the Russian Federation

At the same time, non-CIS countries are increasing their purchases.

The largest importers of Russian coal – China, India and Turkey – sharply reduced their purchases in the first quarter of the year, Vedomosti writes, citing statistics from the Ministry of Energy.

Exports to India and Turkey fell by half in the first three months compared with the same period last year, falling to 4.7 million tons and 4.1 million tons, respectively. China reduced purchases of Russian coal by 16% to 12.9 million tons, and supplies from the Russian Federation to South Korea, Japan and Taiwan also decreased.

At the same time, non-CIS countries are increasing their purchases. Deliveries to the United Arab Emirates (UAE) increased by 8% to 2.1 million tons, and Hong Kong purchased 1% more in the first quarter than a year earlier – 2.5 million tons.VIDEO OF THE DAY

To whom does the Russian Federation sell resources – details

Traders and analysts estimate Russian naphtha exports to Singapore will reach their highest level this year in May as Russian refineries recover from drone attacks, a trend that will continue as new capacity comes online.

Singapore’s imports of Russian naphtha, a key ingredient for producing petrochemicals such as plastics and textile fibers, will rise to about 415,000 metric tons in May, LSEG Research estimates, while consultancy FGE expects nearly 500,000, Reuters reported. tons

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