Inform
| |
3 Pages

China introduces scheme to protect thermal coal prices


China introduces scheme to protect thermal coal prices

Report summary

On 11 January, the NDRC announced a memo outlining measures it would take to reduce volatility in domestic thermal coal prices. The memo was signed by the NDRC and three major industry associations (namely, China National Coal Association, China Electricity Council, and China Iron and Steel Industry Association) on 29 December 2016. A detailed scheme of actions in response to spot coal price changes is set out in the memo. The NDRC has asked provincial development and reform commissions, pricing bureaus and relevant companies to adhere strictly to the new guidelines.
In early December, when responding to coal producers' concerns of falling spot prices, a senior NDRC official said the government had set limits for spot coal prices. The official did not disclose further details regarding price levels and, as a result, rumours were sent flying. The release of the memo puts an end to the speculation.


What's included?

This report includes 1 file(s)

  • China introduces scheme to protect thermal coal prices PDF - 986.63 KB 3 Pages, 0 Tables, 2 Figures

Description

This Thermal Coal Inform report highlights the key issues surrounding this topic, and draws out the implications for those involved.

Participants, suppliers and advisors can use it to look at the trends, risks and issues within the coal industry and gain an alternative point of view when making decisions.

Wood Mackenzie is the only coal industry service provider that offers a market outlook integrated with other sector analyses, including macroeconomics, coal supply, steel markets and gas and power markets.

Our coal analysts are based in the markets they analyse. They work with objective, proprietary data to help you maximise your current and future decision making. From market dynamics to trade patterns, we give you confidence in your strategic planning.

Requester's name : .............
Department : .............
Authoriser's Name : .............
Authoriser's signature : .............
Date : .............
Cost Centre : .............

Questions about this report?

Frequently Asked Questions

Mailenquiries@woodmac.com
  • Europe: +44 131 243 4699
  • Americas: +1 713 470 1900
  • Asia Pacific: +61 2 8224 8898
contact us

Why Wood Mackenzie?

Wood Mackenzie, a Verisk Analytics business, has been a trusted source of commercial intelligence for the world's natural resources sector for more than 40 years, empowering clients to make better strategic decisions with objective analysis and advice.

We work across every sector of oil, gas, power, renewables, chemicals, metals and mining, covering more than 150 countries. Our proprietary data and models are at the core of everything we do, ensuring our independent asset and company valuations are thoroughly robust and that we offer an accurate forward-looking view of economic indicators such as market supply, demand and price trends.

Our 500+ analysts are based in the regions they cover, cultivating an unrivalled depth of understanding to help clients accurately identify new opportunities, define their strategy and improve business performance.

At every stage, our teams readily collaborate and share their insight to provide an integrated perspective across entire industries. It is this unique and rigorous analytical approach that ensures we are recognised as the industry standard by the world’s most innovative organisations.