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Message: Coal Prices

Here's an excerpt from the media (sorry about the format):

Coal prices hit a nine-month high. Bloomberg reported that coal prices at Qinhuangdao port, a benchmark for China, rose to the highest level in
nine months on expectations of a colder-than-usual winter. China will likely have abnormally low temperatures this winter
because of the La Nina weather pattern, the official Xinhua News Agency said in August. Coal prices have gained 7% since the
start of September, when power stations started stockpiling coal for the winter, data from the association showed. David Fang, a
director at the Coal Transport and Distribution Association stated that, “Prices should top 800 yuan a tonne this winter based on
our expectations of fundamental demand, barring unforeseen situations like natural disasters.” Bloomberg said Monday that the
price of power-station coal with an energy value of 5,500 kilocalories per kilogram rose 2.7% to between 755 yuan (US$113)
and 775 yuan a metric tonne as of November 1, compared with a week earlier – the highest since February 8.

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