As domestic thermal coal prices in China have risen sharply following limited cargo availability at norther ports, NDRC has stepped in to curb any further rally, media reports said. The country’s top economic planner has issued warnings to companies that are charging higher prices and asked them to make rectifications. Domestic 5500 NAR prices were trading at RMB 1,045/t ($164/t), up 32% since early Jan’22.
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