New Coal Pricing System to Allow New Parameters for Users, Suppliers

Platts reported that new changes introduced to the coal pricing system in China will set new perameters for suppliers and users to negiotiate.

As quoted in the market report:

Under the new system, the settlement prices will be negotiated by suppliers and users without government intervention. The central government will also stop allocating railway capacity to the coal sector, which means suppliers and power companies will need to negotiate with the railway bureau directly based on their actual railing demand.

To view the whole Platts report, click here.

Get the Latest Coal Investing Stock Information

Get the latest information about companies associated with Coal Investing delivered directly to your inbox.

By selecting company or companies above, you are giving consent to receive email from those companies. And remember you can unsubscribe at any time.

resource ebook2

Get the top stories on resource investing FREE!

Learn what is going on before you buy from this FREE Special Report, Who is Kitco? to US Mint: Sold Out! – Top Articles from Resource Investing News.

Leave a Reply