China’s Coal Prices to Rise in May on Low Stockpiles, Group Says
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Power-station coal prices in China may rise in May before stabilizing, as inventories at ports remain low, China Coal Transport and Distribution Association said.
The increase in domestic prices will slow as port stockpiles gradually increase, aided by government orders to boost coal supplies and resumption of normal rail transport capacity on the Daqin line after maintenance in April, the association said in the report published on its website today.