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Coal firms seek up to 10% more in prices

by Fu Chenghao

CHINESE coal producers are seeking a price increase of up to 10 percent in annual contracts with power firms for 2009 to reflect a higher tax and as they struggle with falling spot coal prices over the past months. ...

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<p><a href="http://www.shanghaidaily.com/sp/article/2008/200812/20081225/article_385783.htm"> Coal firms seek up to 10% more in prices </a> by -- CHINESE coal producers are seeking a price increase of up to 10 percent in annual contracts with power firms for 2009 to reflect a higher tax and as they struggle with falling spot coal prices over the past months. ... </p>