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China coal: Beijing blasts coal index providers as it moves to keep price within ‘reasonable range’

Summary:
[unable to retrieve full-text content]Beijing is taking steps to tighten its regulations over China’s coal market amid ongoing concerns over a power shortage and rising factory-gate inflation.The nation’s top economic planner, the National Development and Reform Commission (NDRC), recently held meetings with coal-fired power companies and economic and legal experts, soliciting suggestions for a long-term pricing mechanism.The commission first mentioned the mechanism last month, saying it was intended to keep coal-price fluctuations…

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[unable to retrieve full-text content]
Beijing is taking steps to tighten its regulations over China’s coal market amid ongoing concerns over a power shortage and rising factory-gate inflation.The nation’s top economic planner, the National Development and Reform Commission (NDRC), recently held meetings with coal-fired power companies and economic and legal experts, soliciting suggestions for a long-term pricing mechanism.The commission first mentioned the mechanism last month, saying it was intended to keep coal-price fluctuations…
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