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


