Coal Firms Up on China Stimulus Hopes

2025-11-17 07:44 By Jam Kaimo Samonte 1 min. read

Coal prices rose to around $111 per tonne, reaching their highest levels since late August amid hopes that top consumer China will roll out new stimulus measures.

Beijing is reportedly considering new measures to shore up the struggling property sector amid concerns that further weakness could destabilize the financial system.

Chinese Finance Minister Lan Foan also said recently that fiscal policy would be strengthened over the next five years, noting that China will use tools such as the budget, taxation, government bonds, and transfer payments to provide sustained support for economic and social development.

Additionally, China signaled it would maintain reliance on coal power for decades, targeting peak demand by 2030 and reversing earlier indications of a faster phaseout.

This approach reflects continued dependence on coal across other Asian economies and in Europe, driven by volatile power supply and rising electricity demand from data centers.



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