Tag: Qinhuangdao stock
-

China: Thermal coal prices bounce back amid dwindling port stocks
After two weeks of decline, limited portside stocks again lifted thermal coal prices in China as domestic 5500 kcal/kg NAR coal prices are at RMB 826/t ($128) on the Zhengzhou Commodity Exchange, up RMB 13/t w-o-w. The Daqin railway line accident led to a rapid decline in Qinhuangdao port stocks. The government’s plan to prepone…