Coal news and updates

Chinese thermal coal prices rose a fourth day for a 13% gain this month, and they remain stubbornly above the 600 yuan ($92) a ton mark that in the past has prompted the state to step in. They could go higher still as China’s worst sandstorm in a decade -- which may in part have been caused by coal mining -- tightens supply, and the authorities launch a new round of inspections at mines, said Bloomberg Intelligence.

 

Source : https://www.bloombergquint.com/china