Tag: Thermal Coal Price

China’s state planner NDRC has set a price guidance for 5500 NAR grade coal at RMB 570-770/t ($90-122/t) at Qinhuangdao port for medium- and long-term contracts. This came as domestic output picked up to meet the country’s rising power demand. Earlier the government had mandated to bring down coal prices below RMB 900/t ($143/t). Following…