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Large Coal Mines Cut Prices on Record High Stocks

iconOct 12, 2017 09:46
Source:SMM
Trading in steam coal market in Bohai Rim area showed signs of cooling down after entering late September, according to China Coal Transport and Distribution Association.

SHANGHAI, Oct. 12 (SMM) – Trading in steam coal market in Bohai Rim area showed signs of cooling down after entering late September, according to China Coal Transport and Distribution Association.

This was due to pre-holiday factor, as well as sales price cuts by large coal producers, such as Shenhua Group and China National Coal Group.  

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