China's state planner said it met with coal producers and the industry association on Wednesday to discuss measures to intervene in coal prices, as well as details such as price levels and the time frame for their implementation.
BEIJING: Some of China’s major coal producers have vowed to cap thermal coal prices this winter and next spring, after the government asked state-backed firms to ensure stable coal and power supply “regardless of costs”.
Some of China’s major coal producers have vowed to cap thermal coal prices this winter and next spring, after the government asked state-backed firms to ensure stable coal and power supply “regardless
Some of China’s major coal producers have vowed to cap thermal coal prices this winter and next spring, after the government asked state-backed firms to ensure stable coal and power supply “regardless of costs”. China’s thermal coal prices have surged over 200% this year to record highs as mining safety inspections, anti-corruption probes and floods .