Shenhua expected price increase widens CCI 8 arbitrage window

摘要

Expectations that major thermal coalproducers in China will push through FOB Qinhuangdaoprice increases of up to Yuan 10-15/mt ($1.60-2.40/mt) laterthis week has widened the arbitrage window for importedcargoes, market sources said Tuesday.They anticipated the rise for domestic coal sold tocontract customers in China would be twice the levelannounced by major producer Shenhua for September andOctober at Yuan 5-10/mt for each month.