China’s thermal coal futures contracts are up 5% on 14 Dec’21 compared to 10 Dec. Futures rose after the Shanxi government conducted inspections to crack down on illegal mining in the highest coal producing province of the country and urged miners to follow authorised production limits. The most-active Zhengzhou thermal coal futures contract for Jan’22 delivery traded at RMB 712/t today against RMB 677/t on 10 Dec.
Leave a Reply