China’s Coal Prices to Rise 20% Amid Production Cuts, Citi Says

  • Four Chinese coal miners may increase prices in June: ICIS
  • China Coal raised to buy rating with HK$3.9 target price: Citi

China’s coal price may rise 20 percent by the end of this year as government steps to reduce production outpace a decline in demand, according to Citigroup Inc.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.