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A few days ago, China Shenhua released a half-year report and said that the demand for coal market will improve in the second half of the year, and coal prices will rebound
slightly as the economic situation slows down steadily and the peak period of winter heating coal arrives.
China Shenhua revealed that because the overall supply capacity is still sufficient, it is expected that the oversupply of the domestic coal market in the second half of the year will continue
.
Coal prices are likely to remain low for the next three to five years
.
Shenhua also said it was not discussing a merger
with the coal company internally.
Alternatively, stock buybacks may be considered to maximize
returns.
A few days ago, China Shenhua released a half-year report and said that the demand for coal market will improve in the second half of the year, and coal prices will rebound
slightly as the economic situation slows down steadily and the peak period of winter heating coal arrives.
China Shenhua revealed that because the overall supply capacity is still sufficient, it is expected that the oversupply of the domestic coal market in the second half of the year will continue
.
Coal prices are likely to remain low for the next three to five years
.
Shenhua also said it was not discussing a merger
with the coal company internally.
Alternatively, stock buybacks may be considered to maximize
returns.
