China’s coal prices remain high as power plants start restocking for winter heating season, supply remains tight

china coal production

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China's coal prices have remained high despite government measures to stabilize the market. Industry insiders expect the prices to remain elevated as power plants in North China have started restocking for the winter heating season and the country's total social coal inventory is around a historic low.

China's coking coal, coke and thermal coal futures all hit new record highs on Thursday. The most-traded coking coal futures on the Dalian Commodity Exchange, for January delivery, hit a new record high of 3,099 yuan per tonne in the night session, bringing its year . . .

 

 

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