Tag: Quota

Chinese domestic coal prices recover amid exhaustion of import quotas

Jun 15, 2020

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by

Aditi Tiwari

in Non Coking

In not so good news for coal exporters to China, the country’s utilities are choosing domestic coal over imports as they are running out of annual import quotas. This has supported the domestic thermal coal (NAR 5500kcal/kg) prices in China that has rebounded to RMB 558-560/t after touching a low at RMB 470/t, FoB Qinhuangdao…