Coal news and updates

CHINA'S coal buyers are bracing for prices to rise in the second half of the year, from already near-record levels, as Beijing's drive to boost domestic mine safety cuts into local output even as booming imports may be reaching their natural limits.

 

Beijing is striving to strike a balance between increasing supplies to cool record prices that have squeezed its coal-reliant utilities while improving mine safety.

 

In July, local media reported more than 20 mines in major coal hub Shaanxi province were shut for safety checks after a flooding accident.

 

 

Source : https://www.businesstimes.com.sg/energy-commodities