UTC+8 ( BJT)

NDRC: Coal prices at China's main mining hubs settling

ABSTRACT

Chinese authorities' series of measures and coal mining companies' efforts to increase boost thermal coal supply and stabilize the price have shown positive results, as thermal coal prices at the domestic core mining hubs have declined by Yuan 100-360/tonne ($15.7-56.4/t) recently, the country's National Development and Reform Commission shared in a post on October 24.
To accelerate bringing thermal coal prices back to the "rational level", authorities in North China's Shanxi and Inner Mongolia and Northwest China's Shaanxi - the country's top three coal mining regions have managed to convince the local coal mining companies to lower their list prices, according to the post.   On October

............

To read the full article take a free 7-day trial to Mysteel Global

FREE TRIAL
+65 6653 8227