Oct 12, 2021 · Thermal coal on the Zhengzhou Commodity Exchange rose by over 10% on Tuesday. The floods further complie China's efforts to increase fuel supplies to ease its deepening energy crisis. Shanxi Province, which produced around a third of China's coal supplies this year, was forced to temporarily shut dozens of mines due to flooding.
Oct 29, 2021 · The huge increase in thermal coal prices finally triggered government interventions, as China's power shortage will be critical heading up to the heating season. Measures were taken to increase thermal coal supply by approving new capacities and reactivating mine operations restricted by environmental and land issues.