Bohai Commodity Exchange starts trading coking coal

Wednesday, 18 September 2013 14:18:37 (GMT+3)   |   Shanghai

On September 17, China's Tianjin-based Bohai Commodity Exchange formally commenced trading of coking coal, with the aim of promoting the development of the coking coal trade with lower costs, higher sales revenues and higher profits, as announced by the exchange. Industry insiders state that in recent years China's coal industry has been trapped in a situation of oversupply and that trading at Bohai Commodity Exchange will benefit the coal trade. The delivery warehouses for coking coal trading at Bohai Commodity Exchange will be located in China's two main coal trade distribution centers, namely, the ports of Tianjin and Lianyungang.

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