Ok-To The Moon - Tiger Brokers Online Investing Community

4
1
Favorite

Jeenhow
2021-06-18

China launches probe into coal prices, will crack down on speculation

BEIJING, June 18 (Reuters) - China's state planner and market regulator have jointly launched an inv

China launches probe into coal prices, will crack down on speculation

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment（1）

Top
Latest

PotterHeads
·2021-06-29
0k
Reply
Like
Report

Most Discussed

{"i18n":{"language":"en_US"},"data":{"magic":2,"id":166866895,"tweetId":"166866895","gmtCreate":1624002588717,"gmtModify":1703826247587,"author":{"id":3585473275821557,"idStr":"3585473275821557","authorId":3585473275821557,"authorIdStr":"3585473275821557","name":"Jeenhow","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":11,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":1,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"extraTitle":"","html":"<html><head></head><body><p>Ok</p></body></html>","htmlText":"<html><head></head><body><p>Ok</p></body></html>","text":"Ok","highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/166866895","repostId":2144172229,"repostType":4,"repost":{"id":"2144172229","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1624000827,"share":"https://ttm.financial/m/news/2144172229?lang=en_US&edition=fundamental","pubTime":"2021-06-18 15:20","market":"fut","language":"en","title":"China launches probe into coal prices, will crack down on speculation","url":"https://stock-news.laohu8.com/highlight/detail?id=2144172229","media":"Reuters","summary":"BEIJING, June 18 (Reuters) - China's state planner and market regulator have jointly launched an inv","content":"<p>BEIJING, June 18 (Reuters) - China's state planner and market regulator have jointly launched an investigation into coal prices and will crack down on speculation and hoarding, the country's economic planning agency said on Friday.</p>\n<p>Reuters last week reported that a team of inspectors from five government departments, including the National Development and Reform Commission (NDRC) planning agency and the state market regulator, visited major coal hubs in northern China to investigate inventories and illicit hoarding.</p>\n<p>Physical prices for thermal coal in the 5,500 kilocalorie/kilogramme grade have been hovering around 900 yuan ($139.63) per tonne since early May, a record high. That triggered at least three leading Chinese coal pricing indices to suspend publication of daily assessments in a bid to stabilise prices.</p>\n<p>\"(The soaring prices) have added a burden on downstream sectors, and are having a negative effect on the development of the real economy,\" the NDRC said in a statement.</p>\n<p>Coal-fired power plants, bearing the brunt of the price spike as major thermal coal users, are rushing to build up inventory ahead of peak summer demand.</p>\n<p>\"The government will closely monitor commodity prices ... get to know the operation situation at relevant market participants, check abnormal trading and speculation, as well as crack down on hoarding and driving up prices,\" the NDRC said in its statement.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China launches probe into coal prices, will crack down on speculation</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina launches probe into coal prices, will crack down on speculation\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-06-18 15:20</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>BEIJING, June 18 (Reuters) - China's state planner and market regulator have jointly launched an investigation into coal prices and will crack down on speculation and hoarding, the country's economic planning agency said on Friday.</p>\n<p>Reuters last week reported that a team of inspectors from five government departments, including the National Development and Reform Commission (NDRC) planning agency and the state market regulator, visited major coal hubs in northern China to investigate inventories and illicit hoarding.</p>\n<p>Physical prices for thermal coal in the 5,500 kilocalorie/kilogramme grade have been hovering around 900 yuan ($139.63) per tonne since early May, a record high. That triggered at least three leading Chinese coal pricing indices to suspend publication of daily assessments in a bid to stabilise prices.</p>\n<p>\"(The soaring prices) have added a burden on downstream sectors, and are having a negative effect on the development of the real economy,\" the NDRC said in a statement.</p>\n<p>Coal-fired power plants, bearing the brunt of the price spike as major thermal coal users, are rushing to build up inventory ahead of peak summer demand.</p>\n<p>\"The government will closely monitor commodity prices ... get to know the operation situation at relevant market participants, check abnormal trading and speculation, as well as crack down on hoarding and driving up prices,\" the NDRC said in its statement.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2144172229","content_text":"BEIJING, June 18 (Reuters) - China's state planner and market regulator have jointly launched an investigation into coal prices and will crack down on speculation and hoarding, the country's economic planning agency said on Friday.\nReuters last week reported that a team of inspectors from five government departments, including the National Development and Reform Commission (NDRC) planning agency and the state market regulator, visited major coal hubs in northern China to investigate inventories and illicit hoarding.\nPhysical prices for thermal coal in the 5,500 kilocalorie/kilogramme grade have been hovering around 900 yuan ($139.63) per tonne since early May, a record high. That triggered at least three leading Chinese coal pricing indices to suspend publication of daily assessments in a bid to stabilise prices.\n\"(The soaring prices) have added a burden on downstream sectors, and are having a negative effect on the development of the real economy,\" the NDRC said in a statement.\nCoal-fired power plants, bearing the brunt of the price spike as major thermal coal users, are rushing to build up inventory ahead of peak summer demand.\n\"The government will closely monitor commodity prices ... get to know the operation situation at relevant market participants, check abnormal trading and speculation, as well as crack down on hoarding and driving up prices,\" the NDRC said in its statement.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":2244,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":2,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":5068640,"commentId":"5068640","gmtCreate":1624970028715,"gmtModify":1663230276568,"authorId":3559774895247525,"author":{"id":3559774895247525,"idStr":"3559774895247525","authorId":3559774895247525,"name":"PotterHeads","avatar":"https://static.tigerbbs.com/eae925838b30f0e74fb1eae47a84c3b1","vip":1,"crmLevel":12,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":166866895,"objectIdStr":"166866895","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"0k","text":"0k","html":"0k","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0,"disclaimerType":0}],"hasMoreComment":true,"orderType":2}