Ann: Virtual Analyst Briefing, page-16

The CCP is trying to control the power price by ordering closed coal mines to re-open but told them to operate at full capacity and sell at a certain price. This could only happen in a Communist country.
Meanwhile the price of ferrosilicon and silicomanganese rebounds on the ZCE.
The overall cost has now risen and is likely to stay at elevated prices into the future ensuring that OM Sarawak is far more profitable.

	Column 1
1	China orders coal miners to operate at full capacity with no breaks and lower pricesby alanpatrickryan

China is serious about increasing its electricity. The government not only ordered coal mines to resume production but also told them to operate at full capacity even during holidays. Also the government ordered coal miners in northern and northwestern China, the largest coal producing regions to lower their prices by rmb100 per mt.

https://intherightvein.com/2021/10/...ull-capacity-with-no-breaks-and-lower-prices/

	Column 1
1	Roller coaster continues on ZCEby alanpatrickryan

The up and down roller coaster continued on the ZCE today when the January ferrosilicon contract rose rmb640 to rmb15,672 per mt on 389,829 contracts traded. The January silicomanganese contract rose rmb402 to rmb11,714 per mt on 330,565 contracts.

https://intherightvein.com/2021/10/21/roller-coaster-continues-on-zce/