China’s coal prices remain high despite government’s cooling measures, coal demand expected to remain strong in coming months
China’s coal prices remain high despite government’s cooling measures, coal demand expected to remain strong in coming months

China’s coal prices remain high despite government’s cooling measures, coal demand expected to remain strong in coming months

 

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China's coal prices have remained high even after the authority introduced a series of measures to ensure supplies and stabilise prices.

Pithead coal prices in some regions recently rise again driven by strong market demand and the prices will be supported in the coming months amid inventory buildup ahead of the winter heating season.

On August 24th, some coal mines in Shaanxi province and Inner Mongolia Autonomous Region announced price hikes. For instance, pithead coal prices in Hongqingliang was raised by 2.72 per cent to 755 yuan per tonne from 735 yuan per . . .

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