Chinese traders received official orders
According to a trade source in Dandong Chengtai Trade Co., Ltd. China Customs has issued official orders requiring traders to return their coal cargo from North Korea. Dandong Chengtai is the largest North Korean coal buyer.
North Korea continues to carry out missile tests, leading the international community to criticize. Since then, China from the end of February to prohibit the import of North Korea coal. Coal is North Korea's most important export product.
Dandong Chengtai sources said the company has 600,000 tons of North Korean coal stranded in various ports, and a total of 2 million tons of North Korea coal stranded in various ports in China, waiting to return.
For the sensitivity of the event, the source asked for anonymity.
Reuters failed to contact Dandong Chengtai (formerly Dandong Sincerity Metal Materials Co., Ltd.) and the Chinese authorities to make official comments.
Thomson Reuters Eikon shipping data show that at least six ordinary cargo ships recently loaded coal from China, most from Weihai and Penglai port, loaded to the DPRK.
North Korea continues to carry out missile tests, leading the international community to criticize. Since then, China from the end of February to prohibit the import of North Korea coal. Coal is North Korea's most important export product.
Dandong Chengtai sources said the company has 600,000 tons of North Korean coal stranded in various ports, and a total of 2 million tons of North Korea coal stranded in various ports in China, waiting to return.
For the sensitivity of the event, the source asked for anonymity.
Reuters failed to contact Dandong Chengtai (formerly Dandong Sincerity Metal Materials Co., Ltd.) and the Chinese authorities to make official comments.
Thomson Reuters Eikon shipping data show that at least six ordinary cargo ships recently loaded coal from China, most from Weihai and Penglai port, loaded to the DPRK.