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China s coal inventories are so bloated and coal prices so depressed that some of the country s miners have cut production and called for a halt to imports, despite a scorching heatwave stoking power. ....
China’s top economic planner has declared initial success in its efforts to ensure coal supply and stabilize prices, saying that daily coal output has reached a peak in recent years and prices have dropped sharply over the past week. “The work of ensuring coal supply and price stabilization has achieved initial results, and the national . ....
Coal traders have been dumping their inventories to avoid losses as prices sink amid a government crackdown on coal hoarding and speculation, part of the effort to secure power supplies after prices continued breaking decade-old records. Coal prices are finally stabilizing due to tighter regulation of the futures and spot coal market thanks to prompt . ....