Thermal coal price rises set to continue
By Du Juan | China Daily | Updated: 2011-05-04 07:56
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Coal is ready for transportation in a coal yard in Qinhuangdao, Hebei province. Coal imports for the first quarter are estimated to decline by roughly 40 percent year-on-year, according to the China National Coal Association. Provided to China Daily |
BEIJING - The price of thermal coal - the fuel used in power generation - in China will continue to rise in the second quarter because of a decline in imports and lower domestic supply, analysts said.
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