Saturday 25 September 2021
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scmp - 16 days ago

China eyes more coal imports from Mongolia as supply shortage bites

Beijing has stepped up efforts to source more coal from neighbouring Mongolia amid an ongoing supply shortage, raising more questions about how long a ban on Australia coal can last.China is suffering from a spike in coal prices amid declining supplies, which has also prompted authorities to ban an influential local trading platform from updating coal prices and market news that could fuel speculation.Rising coal prices are another worry for China, which is already dealing with high raw…


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