SHANGHAI, Sept. 21 (SMM) – Coal prices have hit this year’s new highs and have exceeded National Development and Reform Commission (NDRC)’s warning level of 600 yuan/tonne.
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Steam coal (5,500 Kcal) prices in China’s northern ports have exceeded 720 yuan/tonne, while CCI (5,500 Kcal) steam coal prices have reached 692 yuan/tonne.
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Many industry insiders are worried that the NDRC might introduce measures to curb the fever.
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