China caps thermal coal prices

COLDER-than-normal weather in China during January has resulted in strong thermal coal demand and a subsequent increase in prices, prompting China’s National Development and Reform Commission to cap prices, according to Wood Mackenzie.

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China caps thermal coal prices China caps thermal coal prices China caps thermal coal prices China caps thermal coal prices China caps thermal coal prices

Spot thermal coal prices for free-onboard Qinhuangdao 5500 kilocalorie per kilogram coal reportedly reached RMB780 per tonne recently.

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