{"id":447325,"date":"2021-11-05T09:24:36","date_gmt":"2021-11-05T03:54:36","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=447325"},"modified":"2021-11-05T10:05:08","modified_gmt":"2021-11-05T04:35:08","slug":"china-coal-prices-claw-back-after-beijing-signals-pacing-down-price-drive","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/china-coal-prices-claw-back-after-beijing-signals-pacing-down-price-drive\/","title":{"rendered":"China coal prices claw back after Beijing signals pacing down price drive"},"content":{"rendered":"<p>BEIJING (Reuters) -China thermal coal futures rebounded nearly 9% on Wednesday after falling for 10 straight days, as the government indicated to pace down price intervention at a meeting earlier in the day, traders said.<\/p>\n<p>Traders took cue from a meeting earlier on Wednesday as the country&#8217;s top economic planner, the National Development and Reform Commission, told miners and power plants at a web-based conference that prices should not fall too much too fast, several traders with knowledge of the meeting told Reuters.<\/p>\n<p>The planner stressed that prices in the long-run shall remain at a &#8220;reasonable&#8221; level.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BEIJING (Reuters) -China thermal coal futures rebounded nearly 9% on Wednesday after falling for 10 straight days, as the government indicated to pace down price intervention at a meeting earlier in the day, traders said. Traders took cue from a meeting earlier on Wednesday as the country&#8217;s top economic planner, the National Development and Reform Commission, told miners and power plants at a web-based conference that prices should not fall too much too fast, several traders with knowledge of the meeting told Reuters. The planner stressed that prices in the long-run shall remain at a &#8220;reasonable&#8221; level.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,170,130],"tags":[],"class_list":["post-447325","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-coal-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/447325","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=447325"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/447325\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=447325"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=447325"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=447325"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}