Coal being loaded at the Huanghua port in Cangzhou in north China's Hebei province on July 7, 2021. Photo: Xinhua.
Coal being loaded at the Huanghua port in Cangzhou in north China's Hebei province on July 7, 2021. Photo: Xinhua.
A-shares

Bull run in China’s coal stumbles after economic planner’s pledge to cool fuel prices, sending futures and mining stocks tumbling

  • Twelve-month thermal coal futures for January 2022 delivery fell by their 8 per cent daily limit on the Zhengzhou exchange to 1,755.4 yuan each
  • The shares of at least seven coal miners, including the state-owned China Coal Energy and Yanzhou Coal Mining, plunged by their 10 per cent daily limits on the Shanghai and Shenzhen stock exchanges

Coal being loaded at the Huanghua port in Cangzhou in north China's Hebei province on July 7, 2021. Photo: Xinhua.
Coal being loaded at the Huanghua port in Cangzhou in north China's Hebei province on July 7, 2021. Photo: Xinhua.
READ FULL ARTICLE