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Caixin

China's regulators move to rein in renewed surge in coal prices

Caps proposed as supply-demand gap widens over holiday, Olympics, winter weather

An excavator loads coal to a train in Henan province, China, November 2021. Coal prices have been on the rise since the beginning of the year after a drop late in 2021.   © Reuters

Chinese regulators are ramping up efforts to rein in surging prices of coal for power generation as the gap between supply and demand widens following the Lunar New Year holiday.

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