SOURCE: Industrial Info Resources

December 28, 2007 05:00 ET

NDRC Allows Increase in Coal Prices, an Industrial Info News Alert

BEIJING--(Marketwire - December 28, 2007) - Researched by Industrial Info Resources (Sugar Land, Texas) -- The National Development and Reform Commission held a nationwide coal production, transportation and consumption video conference at the end of November and announced that increases in coal prices will soon be allowed. The prices mainly will be set with coal quality as the considering factor. Power prices could rise accordingly, but the move is seen as unlikely.

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