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China's daily coal output hit 11.67 million tonnes on November 2, rising around one million tonnes from early October, close to a record high this year amid a raft of measures to ramp up production, according to the country's state planner. ....
Leading Chinese coal producers are expected to cap coal prices ahead of the winter heating season in line with the governments intention to intervene to curb record-high coal costs. As China generates a substantial share of its electricity production from coal, and as coal prices are reaching recor .. ....
Four leading coal producers have openly pledged to strictly observe a price ceiling for thermal coal and ensure coal supplies, as China goes full throttle to ensure supplies before winter heating starts in mid-November and at the same time launches a campaign to put the brakes on runaway coal prices. State-owned CHN Energy, which accounts . ....
Domestic coal futures had plunged for three consecutive trading days after the government vowed to crack down on soaring prices, and China’s top economic planner sent an even harsher message on Friday, saying it will severely punish violations of price rules. The National Development and Reform Commission (NDRC) said at the meeting, attended by some . ....
In order to fully guide the rational return of coal prices and ensure the energy supply, the Coal Operation Company of CHN Energy, China Coal Group, Jinneng Holding Group and Yitai Group have all made promises to maintain the supply of thermal coal and stabilise prices. ....