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

china coal production

THE WIRE - Up-to-the-minute news updates walk you through every trading day!

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 . . .

 

 

SIGN IN  OR SUBSCRIBE TO GET FULL ACCESS. 

Stop Googling for China market information. Yuan Talks put all market-moving news in one place. You will never again be left in the dark when market moves. Start your FIVE-DAY FREE TRIAL today!

 

Try For Free

Cancel anytime before the free trial ends and you won't be charged.