Tag: Futures

China: Thermal coal futures fall 12% w-o-w as govt ensures domestic supply

Mar 14, 2022

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by

Rituparna Ghosh

in Non Coking

After rising sharply over the last two weeks, thermal coal futures on Zhengzhou Commodity Exchange have declined to RMB 810/t ($127/t) today, down by 12% w-o-w as the government ensured to further enhance domestic coal supply. Spot offers for domestic 5500 NAR were also heard in the range of RMB 1,550-1,650/t ($243-259/t), down by RMB…