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China may increase coal imports in December

CHINESE thermal coal imports will increase in December because the National Development and Reform Commission wants to stabilise the price for Qinhuangdao [QHD] 5500 to below RMB600 per tonne, according to Wood Mackenzie.

Lou Caruana
Mine accidents in Shanxi, Shaanxi and Inner Mongolia prevented output from increasing further.

Mine accidents in Shanxi, Shaanxi and Inner Mongolia prevented output from increasing further.

Wood Mackenzie senior consultant Yu Zhai said the QHD price had stayed above RMB600/t since late September. "The market news is that the National Development and Reform Commission asked coal miners...

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