China’s domestic coal prices soften amid NDRC’s stable price guidance

China’s domestic coal prices edged lower after a guidance by top economic body National Development Reform Commission, or NDRC, which stated that domestic coal prices will be considered stable below Yuan 900/mt [$141.59] at ports, sources told S&P Global Platts Feb. 11. Sources said major coal producers in China are being asked to sell the fuel below the market price…