basically capping the price by the looks, too expensive.
from Reuters "China’s state planner ordered utilities this week to stop stockpiling thermal coal and told miners to slash prices, two sources familiar with the matter said, the government’s first direct intervention to cool coal prices since mid-2016. ** “The rally in coal prices has prompted the government to issue a flurry of measures to bring down prices,” said Zhang Min, a coal analyst with Sublime Information."
https://www.reuters.com/article/chi...tocks-fall-as-coal-miners-slump-idUSL3N1SU1ZQ
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