China holds the key to thermal coal prices: S&P

CHINA's inclination to lower dependence on imported coal and the end of winter heating needs have kept benchmark coal prices almost 40% lower than the peak level last year, according to S&P Global Ratings.

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China holds the key to thermal coal prices: S&P China holds the key to thermal coal prices: S&P China holds the key to thermal coal prices: S&P China holds the key to thermal coal prices: S&P China holds the key to thermal coal prices: S&P

China's domestic supply was expected to increase more than 100 million tonnes per annum in 2019.

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