Tag: Long-term contracts
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China’s mine-mouth thermal coal price rises amid supply guarantee for term contracts
China’s mine-mouth thermal coal prices continued to increase on July 7, with widespread rises of 20-30 yuan/t, since the spot cargo availability was dented by strict checks on fulfillment of long-term contracts in Inner Mongolia and government efforts to ensure delivery to utilities. On July 6, the country’s top economic planner restressed on the fulfillment…