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Tuesday, September 23, 2014
It's Hard to Reach the Goal of Coal Industry by Changing Assessment Index
ANBOUND

Chinese coal industry is facing a serious test. ANBOUND research team thinks that it is hard to help coal enterprises out by changing assessment index. Now with weak demand of coal, the profit of coal enterprises is declining. Some of these enterprises are even suffering from negative growth. What's worse, since financial institutions have reduced loan due to the increase of risks, the coal enterprises are now short of capital. Reducing price to increase volume to recoup funds is an inevitable choice for coal enterprises to survive. In this context, it is very hard to reach industry’s goal of limiting production and maintaining price by changing assessment index.

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