NDRC turns up pressure to halt rising coal prices in China

Chinese state planners called major mining companies to an urgent meeting on Thursday to hammer out a strategy to halt the persistent rise in coal prices. The meeting came less than 24 hours after the second largest state-owned coal producer, ChinaCoal, announced that it was cutting its thermal coal price by 10 yuan (US$1.48) per tonne, citing an increase in production. […]