China studying mechanism to stabilise coal prices over long-run
[ad_1]
© Reuters. FILEPHOTO: China Energy co-fired coal power plant in Shenyang province, China, September 29, 2021. REUTERS/Tingshu WangSINGAPORE (Reuters) – China’s top economic planner, the National Development & Reform Commission, said on Tuesday it is studying a mechanism to stabilise coal prices over the long run.
It stated that the agency was looking at the profitability and costs of coal to determine a way to help prices move in a sensible range.
Disclaimer Fusion MediaWe remind you that this site does not contain accurate or real-time data. CFDs include stocks, indexes and futures. Prices are provided not by the exchanges. Market makers provide them. Therefore, prices can be inaccurate and differ from actual market prices. These prices should not be used for trading. Fusion Media does not accept any liability for trade losses you may incur due to the use of these data.
Fusion MediaFusion Media and anyone associated with it will not assume any responsibility for losses or damages arising from the use of this information. This includes data including charts and buy/sell signal signals. Trading the financial markets is one of most risky investment options. Please make sure you are fully aware about the costs and risks involved.
[ad_2]