[Video] Extremely Rare! India's Largest Cement Merchant Uses RMB to Buy Russian Coal

2022-07-01 15:53:38

India's largest cement producer, Chaoke Cement, is importing a shipment of Russian coal and paying for it in Chinese yuan, Reuters reported.

India's largest cement producer, Chaoke Cement , is importing a batch of Russian coal ,

Reuters reported. And the payment is made in RMB . It is reported that Indian Super Cement is importing 157000 tons of coal from Russia's largest independent coal company , Siberian Coal Energy Company (SUEK). The cargo was loaded on the MV Mangas from the Russian Far East port of Vanino, and the estimated value of the cargo was 0.29 million yuan 17265. A Dubai-based Russian coal trader said it was easier to exchange renminbi for rubles and was more popular than other currencies .

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India's largest cement producer, Chaoke Cement, is importing a shipment of Russian coal and paying for it in Chinese yuan, Reuters reported.

2022-07-01 15:53:38

From September 22, 2025 to September 28, 2025, the highest opening rate of cement kilns in all provinces in China is Tianjin, with the opening rate of 100.00%. Kiln opening rate of 50% and above: 66.72% in Anhui Province, 61.98% in Shandong Province, 59.02% in Henan Province, 56.68% in Jiangsu Province, 50.00% in Liaoning Province and 50.00% in Hainan Province.