Tag: Import quota
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China provinces ease coal import norms to curb domestic prices
China’s Jiangsu, Zhejiang, Fujian and a few other provinces have gradually relaxed the customs clearance norms on imported coal in an attempt to curb the surge in domestic thermal coal prices that are up by 20% against Dec’20 levels, according to market sources. Measures undertaken- While a few provinces have announced that coal imported before…