China coal imports surge, prices hit record as floods add to energy woes

Capt. John

China’s coal imports surged 76% in September as power plants scrambled for fuel to ease a power crunch that is pushing domestic coal prices to record highs and disrupting business activity in the world’s second-largest economy. Flooding in a key coal producing province has worsened the supply outlook, with analysts expecting electricity shortages and rationing …

The post China coal imports surge, prices hit record as floods add to energy woes first appeared on Hellenic Shipping News Worldwide.

https://www.hellenicshippingnews.com/china-coal-imports-surge-prices-hit-record-as-floods-add-to-energy-woes-2/

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