(EnergyAsia, July 6 2012, Friday) — Traders expect China’s benchmark Qinhuangdao thermal coal price to fall further after slumping to their lowest level since November 2009.Amid falling demand, coal with an energy value of 5,500 kilocalories per kg traded at Qinhuangdao port slumped around 1.5% to a between 660 and 680 yuan a metric ton…
CHINA: Qinhuangdao’s thermal coal price at lowest since late 2009, could fall further
Posted on July 6, 2012 by EnergyAsia