Smoke billows from chimneys at a coal-fired power station in Hefei, Anhui province. Photo: Reuters
China’s coal-price indices stop revealing surging prices as demand soars and inventories ‘fall below warning line’
- Analysts say the trend of high coal prices shows no sign of abating in the short term, while supplies continue to dwindle in China at an alarming rate
- Restrictions on imported coal are also ongoing, and an industry group says they are unlikely to be reversed any time soon
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China economy
Smoke billows from chimneys at a coal-fired power station in Hefei, Anhui province. Photo: Reuters