China said on Monday it will investigate energy price index providers as it urged coal industry participants to "strictly" meet contractual obligations, in its latest bid to tame prices that have hit record highs. The most-active thermal coal futures contract on the Zhengzhou Commodity Exchange, for delivery in January, tumbled more than 8 percent - their fourth straight daily
China's National Development and Reform Commission says it will look into complaints that some energy information providers 'manipulated price indexes'
China’s thermal coal futures plunged on Friday and turned in their worst week in five months, following Beijing’s strongest intervention in years to boost supply and cool runaway prices of the commodity amid a widespread power crunch. The most-traded contract on Zhengzhou Commodity Exchange, for delivery in January, hit the lower daily trading limit of .
Breaking News, Latest News and Current News from OANN.com. Breaking news and video. Latest Current News: U.S., World, Entertainment, Health, Business, Technology, Politics, Sports.