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China’s Coal Prices to Rise in May on Low Stockpiles
May. 05, 2011 04:29PM PST
Industrial Metals InvestingBloomberg reported that China Coal Transport and Distribution Association sees coal prices in China rising on low inventories.
Bloomberg reported that China Coal Transport and Distribution Association sees coal prices in China rising on low inventories.
The market news is quoted as saying:
Rising coal prices in China have deterred purchases by utilities and coupled with higher-than-expected industrial activity, have caused power shortages in some regions.