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Investing.com -- China’s restrictions on coal production could become more stringent toward the end of 2025, making a recovery in output from the world’s largest producer unlikely, according to a China Coal Energy official during a Tuesday results briefing.
The company previously stated that China implemented production curbs following an unexpected increase in supply during the first half of the year, which put downward pressure on prices.
Li Xueyuan, an official in China Coal Energy’s marketing department, noted that China’s state asset regulator has conducted meetings with industry participants, calling for coal prices to be maintained at "reasonable" and "stable" levels.
Looking ahead, Li forecasted that coal supply and demand would remain relatively balanced in the near term, with the winter heating season providing support for coal consumption.
According to data from China’s statistics bureau, the country’s coal production decreased by 1.8% year-on-year in September to 411.51 million metric tons, reflecting the impact of ongoing restrictions.
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