Metallurgical products on the other hand, recorded an increase

The proposal aims to ensure competition and efficiency in the industry

Spot prices rose significantly before China’s National Day holiday

The gap between Newcastle and Qinhuangdao thermal coal rates is very wide

Prices were maintained across the nation

Demand also increased with the arrival of La Niña weather

This policy comes in the wake of recent legislation which takes out coal royalties

The increasing price trend signifies a sharp recovery for the coal industry

Coal rates fell below USD 60 per ton for the first time since end of September

The country’s coal producers complained that rates were unsustainable

Taxes are currently charged according to a price list

Prices generally remained stable across the nation

Rates for this week further increased by CNY 7 per ton

The HBA index rose amid recovering demand in China and Japan

The move aims to stabilize coal rates during heating season

Last week, prices fell by over 2 percent

The Bohai-Rim price index is a leading indicator for the country’s coal rates

Prices strengthened as coal demand increased in early autumn

This week’s rate was the highest level since April

Prices remained steady across the nation