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Cold keeps China coal prices high, power crunch stokes factory inflation

  • Oct 14, 2021 7:33 am GMT
  • 27 views
Source: 
Economic Times

coal prices Soaring energy prices helped send producer price index (PPI) its highest in at least 25 years in September, rising 10.7% year-on-year, official Chinese data on Thursday showed. Cold winter weather is likely to worsen the situation. China's National Meteorological Center on Wednesday forecast strong winds could knock the average temperature by as much as 14 degrees Celsius in large ...

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