Covid-19 Outbreaks Affect China’s Coal Industry as Winter Nears
Nov 4, 2022
The restrictions imposed in China to help contain the spread of the coronavirus are pushing up the price of coal and constraining the fuel’s supply. Coal traders show that spot prices for 5,500kcal thermal coal had increased by 9% in October, hitting a seven-month high of 1,650 yuan per ton.
Data from the National Health Commission shows that top coal-producing regions in the country have recorded hundreds of…
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