China’s Coal Prices Climb to 2008 High; Producer Shares Rise
This article is for subscribers only.
China’s benchmark power-station coal prices rose to the highest since October 2008 as summer electricity demand increased in the world’s fastest-growing major economy.
The price of coal with an energy value of 5,500 kilocalories per kilogram at Qinhuangdao port gained 0.6 percent to 840 yuan ($130) to 855 yuan a metric ton as of today from a week earlier, data from the China Coal Transport and Distribution Association showed.