China lifts price cap on thermal coal - NDRC

News was prepared under the information support of Online Daily Newspaper on Hellenic and international Shipping "Hellenic Shipping News".

31 Dec 2008

China's top economic planning agency said on Wednesday that it will lift price controls on thermal coal, among other products, from Jan. 1, 2009. The National Development and Reform Commission introduced temporary controls on prices for a range of goods from instant noodles to liquefied petroleum gas and thermal coal, to battle surging inflation, and to ease power and coal shortages.




Source: Reuters