With coal inventories at China's ports and power plants reaching record highs in recent weeks as a sluggish economy saps demand from utilities and steel mills, reducing the need for piles of cheap imported fuel, some miners are getting more creative in their customer outreach.
The minimum shipment size of between 30 to 35 tons, to be transported by train, indicates that the target market is wholesale industrial buyers. Though wholesaling of hard commodities is not entirely new to China's streaming platforms, it appears to be on the rise.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Cell C appoints former Vodacom exec as its new CEO | BusinessSA's fourth-biggest mobile operator Cell C said it had appointed former Vodacom executive Jorge Mendes as its new CEO with effect from the beginning of July. | News24_Business
Source: News24 - 🏆 4. / 80 Read more »
Transnet train smash: Yet another derailment adds to long line of disasters | BusinessTransnet's iron ore rail corridor has been hit by yet another derailment – this time in an incident upending 15 wagons in the early hours of Wednesday morning, causing all services on the mainline to be suspended. | News24_Business
Source: News24 - 🏆 4. / 80 Read more »
Business Talk – The best podcast for C-level thought leadershipBusiness Talk is the best platform for positioning your executives as industry leaders.
Source: BusinessTechSA - 🏆 24. / 61 Read more »
Why the Tshwane govt plans to blacklist Edwin Sodi and his business partners | News24Edwin Sodi's company, Blackhead Consulting, was linked to the failed R290-million upgrade of the Tshwane wastewater treatment plant. | ZintleMahlati
Source: News24 - 🏆 4. / 80 Read more »
‘Loss of business confidence could be regained’: Sacci after severe dip in May | The CitizenBusiness confidence continues to decline as the South African economy faces headwinds from all sides. 📈 Economy BusinessConfidence Read all about it in TheCitizenBusiness ⤵️
Source: TheCitizen_News - 🏆 6. / 75 Read more »
Eskom, unions agree on 7% wage hike, other benefits for next three years | BusinessFollowing last year's violent, unprotected strike which led to Stage 6 load shedding, this year's Eskom wage negotiations reached an agreement as part of its bargaining forum. | News24_Business
Source: News24 - 🏆 4. / 80 Read more »