China was to boost coal output and leverage prices – how much was achieved?
The Chinese government announced ambitious plans to boost domestic coal production and stabilise the price to prevent the skyrocketing that occurred in 2021. We checked the official data of the first 10 months and observed that the tremendous nameplate additional supply had been in vain and the effort to keep the price lower also failed. Demand dynamics was the biggest driver of price changes. Read our report for details.