Some of China’s major coal producers have vowed to cap thermal coal prices this winter and next spring, after the government asked state-backed firms to ensure stable coal and power supply “regardless of costs”. China’s thermal coal prices have surged over 200% this year to record highs as mining safety inspections, anti-corruption probes and floods …
The post Major coal miners in China vow to boost output, cap prices first appeared on Hellenic Shipping News Worldwide.
Author: Capt. John
https://www.hellenicshippingnews.com/major-coal-miners-in-china-vow-to-boost-output-cap-prices/