China Warehouse- More Than Crockery Message Board

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Strategies & Market Trends : China Warehouse- More Than Crockery

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To: RealMuLan who wrote (3098)	4/20/2004 6:04:55 PM
From: RealMuLan	Read Replies (1) of 6370

China cuts coal exports to Japan By Hector Forster, Xiao Yu Tokyo April 20, 2004 Yanzhou Coal Mining Co and other Chinese coalminers may raise prices 66 per cent for Japanese utilities as China cuts exports to meet domestic needs, Japan's third-largest power company, Chubu Electric Power Co, has said. Japan's utilities might agree to pay about $US48 a tonne for China coal, said Chubu Electric spokesman Makoto Fujimori. The utilities last year paid an average $US29 a tonne, said industry newsletter Tex Report. Yang Lieke, president of China Coal Import & Export Co, which ships coal from Yanzhou and six other miners, was due in Tokyo for supply talks on Japan's fiscal year that began on April 1. theage.com.au

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