Coal
China's coal prices have again reached their daily limit after a discussion about government mine inspections
The prices of coking coal in China reached their maximum for the second consecutive session on Tuesday amid market talk about possible government inspections at China's main coal production hubs, which could lead to supply disruptions. The Dalian Commodity Exchange's most active China coking-coal contract jumped almost 8%, reaching its highest price in March at 1,048.5 Yuan ($146.19). Simon Wu, senior consultant at Wood Mackenzie, stated that a document purporting to be from National Bureau of Energy, calling for inspections of coal mines in 8 provinces, to determine if production exceeded licensed capacities, played a role in the rise in...