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Saturday, 17 September 22
CHINA WARNS COAL COMPANIES AGAINST DUAL CONTRACTS, KEEP PRICES STABLE - REUTERS
China’s state economic planner warned coal companies operating at ports in the Bohai Bay region to comply with their long-term contracts to keep prices stable ahead of the peak winter demand period.
 
The National Development and Reform Commission (NDRC) said in a statement that it investigated coal companies in the cities of Qinghuangdao, Tangshan, and Cangzhou in Hebei province and Jinzhou in Liaoning province because of recent price rises.
 
The NDRC specifically warned the companies to respect their signed medium and long-term contract prices for thermal coal and that it prohibits the use of so-called yin and yang contracts.
 
Yin and yang contracts are when companies present one contract that complies with national price guidelines for coal to the government while signing a second contract that is higher than the guidelines.
Source: Reuters


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Friday, 18 November 22
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Tuesday, 15 November 22
CHINA SEES RISING COAL STORAGE AMID SUPPLY PUSH - XINHUA
Coal stockpiles at China’s power plants have seen considerable increases, ensuring energy supply for the winter, the country’s energy r ...


Tuesday, 15 November 22
SEABORNE THERMAL COAL PRICES START TO EASE, BUT PROCESS IS UNEVEN - REUTERS
Prices for seaborne thermal coal have started to drop as fears of a winter energy crunch ease, but the rate of decline has varied across the differ ...


Thursday, 10 November 22
INDIA: THERMAL PLANTS HAVE ADEQUATE COAL STOCKS AT 25.6 MILLION TONNES, SAYS GOVT - IANS
The coal stock with domestic dry fuel-based power plants, as on October 31, was 25.6 million tonnes, the government said, adding that the availabil ...


Tuesday, 08 November 22
OUTLOOK ON CHINA’S WEAKENED BASIC MATERIALS SECTOR CLOUDED BY POLICY SWINGS - FITCH RATINGS
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