Tag: Benchmark coal price

China issues draft plan for long-term contract coal pricing mechanism

Dec 3, 2021

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by

Rituparna Ghosh

in Non Coking

The long-awaited coal pricing mechanism for 2022 long-term contracts has been unveiled, according to a draft plan issued at the National Coal Trade Fair held on December 3. The draft, made by the National Development and Reform Commission (NDRC), said the framework of a “benchmark price +floating range” is retained, but the benchmark price increases…