Shares of Chinese coal companies slide across the board in the A-share market, with Shanxi Coking Coal sliding 5.3% as of 10:40 am local time Yankuang Energy down over 4%, Shanxi Lu'an Environmental Energy down 3.9%.
Coal price at major production hubs has fallen significantly this month, while coal price at ports continues to decline, leading to a strong wait-and-see sentiment in the market, Huatai Futures said in a research note.
As . . .
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