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Coal price may rise 10% in '09

By Wan Zhihong | China Daily | Updated: 2008-12-24 08:05

The coal contract price for power generation in 2009 is expected to rise about 10 percent, said a source attending the annual coal prices negotiation conference in Fuzhou, Fujian province.

The official with China Coal Transport and Distribution Association, who declined to be named, said price talks were at a stalemate, as coal miners seek higher prices while power plants hope to lower them.

Coal price may rise 10% in '09

Coal price may rise 10% in '09

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