Skip to Content

“The NDRC probably expects a decline in coal demand as the winter heating season ends, and so they are attempting to limit supplies so a new glut doesn’t emerge and knock down prices,” said Laban Yu, head of Asia oil and gas equities at Jefferies Group LLC in Hong Kong. “The policy is likely flexible and NDRC may change it again according to supply and demand.”

@peakdemand

Join in on the conversation with Alex Masters Lecky when you subscribe to PEAK DEMAND.