Chinese environment measures and trade war fail to dent coal demand

THERMAL coal prices are remaining resilient on firmer domestic demand in China despite authorities revealing a three-year plan to reduce coal consumption and the looming trade war with the US.

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Chinese environment measures and trade war fail to dent coal demand Chinese environment measures and trade war fail to dent coal demand Chinese environment measures and trade war fail to dent coal demand Chinese environment measures and trade war fail to dent coal demand Chinese environment measures and trade war fail to dent coal demand

Beijing shrouded in smog.

According to ANZ Bank the Chinese government will be promoting natural gas over coal in areas battling air pollution such as Beijing, Tianjin and Hebei.