Last updated on August 25, 2021
China’s benchmark futures of thermal coal, coking coal and coke futures all hit limit-up on Monday driven by market speculation of halted coal imports from Mongolia and amid growing concerns over continued shortage of coal supplies.
In the daytime trading on Monday, the most-traded coke and coking coal futures on the Dalian Commodity Exchange, for January delivery, surged by the daily limit of 8 per cent. The most active thermal coal futures contract on . . .
To continue reading, please subscribe. For only $0.8 per day, you will get:
- ORIGINAL & DATA-DRIVEN STORIES - We focus on the most important business events and the key trends in China's economy and financial markets, with details that you don't see elsewhere.
- THE WIRE - An all-in-one platform with real-time updates of market-moving news and views sourced from a network of journalists, traders, brokers, analysts, etc. and from multiple reliable news outlets in mainland China. Here are some screenshots of our wire service.
- DATA - We provide data, including some high frequency data from government agencies, research institutes and industry bodies to help you get timely and detailed understanding of what is going on in China's economy and markets.
- WEEKLY NEWSLETTER - A summary of the week's top news distilled into one email.
We highly value independence. Subscriptions by you and thousands of intelligent readers like you are extremely important for us!
Already have an account? Sign In