Tag: China
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China: Domestic thermal coal prices soften on rising production
Domestic thermal coal prices in China softened by RMB 20-40/t ($3-6/t) as compared to June-end, in major production hubs as coal production are heard to have increased post the centenary celebrations of the Chines Communist Party. Amid rising demand, state-run coal firms have been raising supply and shipments, while a few opencast pits are set…