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Friday, 04 November 22
CHINA EXPANDS COAL TERM CONTRACTS TO ALL MINES TO STABILIZE MARKET - REUTERS
China has expanded long-term thermal coal supply contracts for 2023 to all coal mines and asked power utilities to source more of their demand through those contracts, as it aims to ensure market supply and stabilise prices.
 
All coal mining firms and coal-fired power and heating plants will be covered under the long-term contracts, a document issued by the National Development and Reform Commission (NDRC) showed, a wider range compare to 2022’s order of covering only mines with annual capacity bigger than 300,000 tonnes.
 
Coal mines should put at least 80% of their overall output and 75% of their thermal coal output under the long-term contracts.
Source: Reuters


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Recent News

Thursday, 14 July 22
INDIA'S COAL IMPORTS HIT RECORD HIGH IN JUNE - REUTERS
India's coal imports hit a record high in June despite high global prices, data from three trade sources and Refinitiv ship tracking showed, as ...


Thursday, 14 July 22
CHINA'S JUNE COAL IMPORTS SLUMP AS TRADERS SHUN EXPENSIVE OVERSEAS CARGOES - REUTERS
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Wednesday, 13 July 22
KOWEPO TO IMPORT 2.79 MILLION TONS OF LOW TO MEDIUM COAL
COALspot.com: Korea Western Power Co., Ltd. (KOWEPO) has issued an International tender for Total 1360k MT of Min.4400 kcal/kg NCV coal and Total 1 ...


Wednesday, 13 July 22
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