China Coal Miners to Coordinate Output Amid Rally, Reports Say

  • Mining companies’ officials met in Beijing to discuss prices
  • China benchmark coal prices have surged more than 30% in 2016

China coal miners have agreed to coordinate production to help stabilize prices, which have rallied this year amid efforts by the government to cut the nation’s overcapacity, according to reports from Shanghai Securities News and Caijing.

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