
Chinese Coal Prices Slump to Year’s Low as Stimulus Disappoints
(Bloomberg) — The price of China’s mainstay fuel, powering millions of homes and factories, has hit the lowest level in over a year, as the government’s efforts to boost the economy fail to revive tepid demand. Most Read from Bloomberg The benchmark coal price at Qinhuangdao port slipped to 803 yuan ($110) a ton on…