News Snapshot:
BEIJING: Chinau0027s state planner said that it expects a coal supply crunch to ease and coal prices to fall in July, according to a report from the official Xinhua news agency on Sunday.u0022With the growth of hydropower and solar power generation in the summer, as well as the increase in coal production and imports, the contradiction between coal supply and demand will tend to ease,u0022 said the National Development and Reform Commission, according to the report.u0022It is expected that coal prices will enter a downward channel in July, and prices will drop significantly.u0022Chinau0027s state planner and market regulator earlier in...