My catch up of Monday’s news continues … this also:
- The Chinese government plans to cut coal production by 190 million tons for the rest of the year to ease oversupply and stabilize coal prices
- Production guidelines agreed by the China National Coal Association on behalf of the National Development and Reform Commission
- China produced 2.16 billion tons in the first seven months of 2014 against sales of 2.05 billion tons
(China Business News via MNI)
