{"id":444296,"date":"2021-10-22T11:28:39","date_gmt":"2021-10-22T05:58:39","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=444296"},"modified":"2021-10-22T11:28:39","modified_gmt":"2021-10-22T05:58:39","slug":"china-coal-prices-dive-13-as-beijing-plans-to-intervene-to-ease-power-crunch","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/china-coal-prices-dive-13-as-beijing-plans-to-intervene-to-ease-power-crunch\/","title":{"rendered":"China coal prices dive 13% as Beijing plans to intervene to ease power crunch"},"content":{"rendered":"<p>China&#8217;s thermal coal futures tumbled 13% on Friday, extending losses since Tuesday when they came off record highs after Beijing signalled it would intervene to cool surging prices to help electricity producers out of a widespread power crunch.<\/p>\n<p>The most-active thermal coal futures on Zhengzhou Commodity Exchange, for delivery in January, tumbled to 1,380.8 yuan per tonne by 1106 Beijing time (0306 GMT) &#8211; down more than 30% since Tuesday&#8217;s all-time peak of 1,982 yuan per tonne.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>China&#8217;s thermal coal futures tumbled 13% on Friday, extending losses since Tuesday when they came off record highs after Beijing signalled it would intervene to cool surging prices to help electricity producers out of a widespread power crunch. The most-active thermal coal futures on Zhengzhou Commodity Exchange, for delivery in January, tumbled to 1,380.8 yuan per tonne by 1106 Beijing time (0306 GMT) &#8211; down more than 30% since Tuesday&#8217;s all-time peak of 1,982 yuan per tonne.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[194,130,136],"tags":[],"class_list":["post-444296","post","type-post","status-publish","format-standard","hentry","category-coal-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/444296","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=444296"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/444296\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=444296"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=444296"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=444296"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}