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China to investigate energy index providers in bid to tame coal prices | Hellenic Shipping News Worldwide

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, fell more than 8per cent – .

China to investigate energy index providers in bid to tame coal prices

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

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