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China's 276 working days policy: a short-term boost for the coal market

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25 July 2016

China's 276 working days policy: a short-term boost for the coal market

Report summary

Since early 2016, the Chinese government has initiated wide-scale supply-side reform in the coal industry by enacting a series of supportive policies. One immediate policy focused on reducing production is the restriction of statutory working days for coal miners to 276 a year. The policy has effectively tightened domestic coal supply and raised prices in the short term. This insight introduces 276 working days policy in China coal industry supply-side reform and discusses its time range, implementation scope, supervision measures and potential risks.

Table of contents

  • Executive summary
  • When was the policy introduced and how long will it last?
  • How is the policy supervised?
  • What risks does the policy involve?
  • Conclusion

Tables and charts

This report includes 5 images and tables including:

  • Qinhuangdao thermal coal FOB prices and Shanxi metallurgical coal prices (RMB/t)
  • Raw coal production (Mt)
  • China's 276 working days policy: a short-term boost for the coal market: Image 3
  • China's 276 working days policy: a short-term boost for the coal market: Image 4
  • Imports volume (Mt) and percentage change

What's included

This report contains:

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    China's 276 working days policy: a short-term boost for the coal market

    PDF 284.76 KB

  • Document

    China's 276 working days policy a short-term boost for the coal market.xls

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  • Document

    China's 276 working days policy: a short-term boost for the coal market

    ZIP 360.37 KB