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China to set up coal production reserve to stabilise prices | Hellenic Shipping News Worldwide

China to set up coal production reserve to stabilise prices | Hellenic Shipping News Worldwide
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Tom hogueDavid fishmanColleen howeAndrew hayleySonali paulLantau groupNational developmentReform commssionRim thermal coal price indexMiral fahmy

China to set up coal production reserve to stabilise prices

BEIJING -China will establish a back-up coal production system by 2027 to stabilise prices and secure coal supply, the state planner said on Wednesday, even as it aims to start phasing down coal use.

Tom hogueAndrew hayleyDavid fishmanColleen howeSonali paulLantau groupNational developmentReform commssionRim thermal coal price indexMiral fahmy