(Bloomberg) -- Chinese coal exporters sought to
boost their prices as much as 44 percent in Japan and South
Korea this year as output failed to keep pace with power station
consumption in Asia, six officials at the companies said.
Sellers led by China National Coal Group want to raise
prices as much as $22.90 a metric ton to $75, excluding freight,
said the officials, asking not to be identified because the
negotiations aren't completed. Japanese and Korean importers
said $65 is their maximum offer. Talks yesterday entered a
second round after deadlock in late March.
Read more at Bloomberg Energy News
boost their prices as much as 44 percent in Japan and South
Korea this year as output failed to keep pace with power station
consumption in Asia, six officials at the companies said.
Sellers led by China National Coal Group want to raise
prices as much as $22.90 a metric ton to $75, excluding freight,
said the officials, asking not to be identified because the
negotiations aren't completed. Japanese and Korean importers
said $65 is their maximum offer. Talks yesterday entered a
second round after deadlock in late March.
Read more at Bloomberg Energy News
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