{"id":452757,"date":"2021-11-30T08:57:16","date_gmt":"2021-11-30T03:27:16","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=452757"},"modified":"2021-11-30T09:44:40","modified_gmt":"2021-11-30T04:14:40","slug":"chinas-coal-rates-slip-after-govt-hints-at-further-price-regulation","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/chinas-coal-rates-slip-after-govt-hints-at-further-price-regulation\/","title":{"rendered":"China&#8217;s coal rates slip after govt hints at further price regulation"},"content":{"rendered":"<p>China&#8217;s thermal coal futures dropped 5.6% on Monday after the state economic planner signalled further regulations for prices of the dirty power-generation fuel.<\/p>\n<p>The most-active Zhengzhou thermal coal futures contract, for January delivery, was 819.6 yuan ($128.31) a tonne as of 0147 GMT. It has lost more than 142% from a peak of 1,982 yuan a tonne in mid-October following a slew of government interventions to tame the red-hot prices. <\/p>\n<p>The National Development and Reform Commission (NDRC) said on Monday that it has summoned key coal miners for advices on improving coal prices mechanism. <\/p>\n<p>&#8220;After recent abnormal rise in coal prices, it is time to improve the coal prices mechanism,&#8221; said the NDRC in a statement, adding that all market participants have reached a consensus on the reasonable range of coal prices.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>China&#8217;s thermal coal futures dropped 5.6% on Monday after the state economic planner signalled further regulations for prices of the dirty power-generation fuel. The most-active Zhengzhou thermal coal futures contract, for January delivery, was 819.6 yuan ($128.31) a tonne as of 0147 GMT. It has lost more than 142% from a peak of 1,982 yuan a tonne in mid-October following a slew of government interventions to tame the red-hot prices. The National Development and Reform Commission (NDRC) said on Monday that it has summoned key coal miners for advices on improving coal prices mechanism. &#8220;After recent abnormal rise in coal [&hellip;]<\/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-452757","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\/452757","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=452757"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/452757\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=452757"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=452757"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=452757"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}