china thermal plant

Photo: Reuters

China's Coal Shortage Likely To Remain For Few Months: Experts

China's thermal coal future plunged on October 22 following the government's intervention to boost supply and ease the prices of the commodity amid a widespread power crisis. The country has been pushing coal miners to ramp up output and hike imports, thereby, power stations can rebuild stockpiles before winter. However, analysts believe that shortages are likely to persist for at least another few months.

Fri, 22 Oct 2021 - 09:43 PM / by SAM RAHUL RAJA…

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