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China Pushes Coal Miners to Lift Supply as Prices Climb
China’s government has called on local coal miners to maintain a stable production rate after a jump in spot prices for thermal coal earlier this month.
AI Summary
China’s government has urged local coal miners to keep production stable after spot prices for thermal coal surged to a three‑year high earlier this month. Bloomberg reported the price jump, noting it is the highest level seen in three years and has increased pressure on Beijing to respond. The call aims to balance supply with rising market prices and prevent further volatility in the coal market.
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