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China cuts 2008 coal export quotas

• Posted by IndustryNews in B2B, Trade knowledge, Enterprises, Expert Blogs
• 2008, March 19th

Tag : Building Materials, Chemicals, China, electronic, Industry news, Industry Supplies, insider information, Minerals & Metals, tootoo, trade

China, the world's largest coal producer, has approved exports of 31.8 million metric tons, amid efforts to ensure domestic supplies. The quota is for the first batch of authorized shipments for this year.

The National Development and Reform Commission, the country's top economic planner, said in a statement that China issued its first batch of 2008 coal export quotas, but cut it by almost a quarter from the first batch last year. It was a larger cut than had been expected, at 24 percent...(Read more)

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