Thermal coal retreated 3.15% to US$95.3 per ton for the week ended Sept 1st, 2017 because market participants responded negatively news from China. Other than the government’s decision to reinstate coal capacity of 92.3 million tons per annum in eastern Inner Mongolia, China’s six major power firms saw coal stocks increase gradually above 11 million tons at the end of August, SXCoal.com reported.To subscribe please click here
