Amid rising power demand in China with the gradual easing of lockdown restrictions, regulators have dispatched squads to major mining regions to ensure that coal prices remain within a reasonable range. Domestic 5500 kcal/kg NAR coal prices were at RMB 1,300/t ($195) at Qinhuangdao, higher than RMB 1,155/t ceiling set by the government. The move has come after several provinces warned of possible power shortage in summer.
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