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At the shut of Asia commerce Wednesday, the Platts/Fenwei China Coal Index for home thermal coal traded at Qinhuangdao port was assessed at Yuan 547/mt inclusive of VAT, and was Yuan 3/mt greater on day. Copper Price Nearly Half A Billion Dollars Goes Missing In ChinaCopper Value Practically Half A Billion Dollars Goes Lacking In Chinacopper value practically half a billion dollars goes lacking in chinaLawyer QinhuangdaoLawyer Qinhuangdao
Some of the coal is exported, but most is shipped to southern China, where the country's main manufacturing base is positioned. More than 500 individuals in the drill off the port metropolis of Qinghuangdao. Platts' price evaluation for CFR South China cargoes of 5,500 kcal/kg NAR thermal coal for arrival in South China ports in the next day period came out at $79/mt Wednesday, and was 50 cents higher than yesterday's evaluation. China's home 5,500 kcal/kg NAR thermal coal was fetching about Yuan 545/mt ($89.45/mt) FOB at Qinhuangdao port, and its value has ticked up steadily over the previous week, and stood at Yuan 465/mt on a net of VAT basi "We're not suffering like people down there so it doesn't matter if we now have to work over Chinese New Year," stated a port railway worker as he watched one other coal prepare trundle handed his sign field.
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