Forex
globalreutersApril 12, 20241 Mins read
China’s state planner to set up a domestic coal production reserve system
globalreutersApril 12, 20241 Mins read The National Development and Reform Commission of the People’s Republic of China (NDRC) is China’s ‘state planner’.
- Will set up a domestic coal production reserve system by 2027.
- This is aimed at stabilising prices and coal supply.
- Calls for 300 million metric tons of “dispatchable” annual coal production by 2030, equivalent to about 6% of last year’s production
Info via Reuters, more here.
This article was written by Eamonn Sheridan at www.forexlive.com.
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