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China coal giant Shenhua limits supply to traders to cool prices
Published Thu, Nov 17, 2016 · 09:50 PM
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Hong Kong
SHENHUA Group Corp, China's biggest coal producer, is seeking to limit sales of the fuel to end-users and choke off supplies to traders amid government pressure on the nation's major miners to cool surging prices.
The Beijing-based company has changed its thermal coal sales policy to limit how much trading companies can buy and allow some sales to be based o…
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