China’s local governments in coal-richprovinces should try to reduce coal production by at least10% during the second half of this year as an oversuppliedmarket has led prices to tumble to multi-year lows, the headof China National Coal Association said Thursday.“It is imperative to reduce output to ease oversupplypressure, otherwise the market could worsen further,” saidWang Xianzheng, chairman of the CNCA, at an industryforum held in the northeastern coastal city of Dalian.
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