China’s Coal Price Increases on Winter Fuel Restocking

Bloomberg reported that Chinese coal prices were up as power suppliers stocked up on inventory to prepare for winter demand.

The market news is quoted as saying:

Thermal coal in Qinhuangdao, China, was $148.62 a metric ton as of Sept. 9, up 0.4 percent from two weeks earlier, according to fortnightly data from IHS McCloskey, a researcher based in Petersfield, England.

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