Insight

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

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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.

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Tables and charts

This report includes 5 images and tables including:

Images

  • 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

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