|
BIZCHINA> Center
![]() |
|
Related
China's coal exports surge in June
(Xinhua)
Updated: 2008-07-11 09:52 Coal exports soared 83.5 percent year-on-year in June to 6.99 million tonnes, the highest monthly total since March 2005, the General Administration of Customs said on Thursday. Analysts said the surge likely reflected a widening gap between higher world prices and domestic prices, which are capped by the government. The gap was about $54.70 per tonne in the week ended on July 4, the China Business News reported on Thursday. Rising exports would exacerbate shortages at coal-fired power plants, which were striving to ensure electricity for the Olympics and reconstruction from the May 12 quake, analysts said. To protect power plants' profits, the government has imposed temporary controls on the factory prices of thermal coal, capping them at the price that prevailed on June 19, which is effective through the end of the year. Coal exports totaled 25.49 million tonnes in the first half of 2008, up 10.2 percent year-on-year, according to the administration. (For more biz stories, please visit Industries)
|
东源县| 温州市| 内江市| 凭祥市| 高密市| 黄浦区| 北京市| 米脂县| 炎陵县| 江都市| 安西县| 柳江县| 黑龙江省| 天镇县| 谢通门县| 宁明县| 阿拉善盟| 灵台县| 仙桃市| 柳林县| 昭通市| 淮北市| 秦安县| 于都县| 改则县| 会昌县| 咸阳市| 九台市| 邵阳市| 新和县| 丰城市| 嘉黎县| 广平县| 固始县| 师宗县| 清河县| 扬中市| 双峰县| 盐津县| 台南县| 大同县|