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Strategies & Market Trends : China Warehouse- More Than Crockery

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To: RealMuLan who wrote (402)8/18/2003 11:53:02 AM
From: RealMuLan  Read Replies (1) of 6370
 
China Yanzhou Coal: Will Raise Domestic Sales To 25M Tons
HONG KONG (Dow Jones)--Yanzhou Coal Mining Co. (YZC) said Monday it plans sell more of its more expensive grade coal domestically in the second half of the year to offset lower prices in the first half.

The coal company, based in Shandong province, plans to sell 25 million metric tons of coal domestically this year, 1 million more than previously forecast, with the additional sales comprising a type of coal that commands higher prices.

Total sales, including exports, were forecast previously at 38 million tons for the year.

sg.biz.yahoo.com
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