China’s daily coal output has stabilized at 12 million tonnes, amid a raft of measures to ramp up power production, the country’s state planner said on Sunday. Beijing has been trying to cool a red-hot market for coal, China’s main fuel for power generation, after shortages led to electricity rationing for the industry in many regions, adding to factory-gate inflation in the world’s second-biggest economy. Coal stocks at ports and power plants have been picking up quickly, with stocks in power plants hitting 129 million tonnes as of Nov. 14 and expected to hit 140 million tonnes by the end of November, said state media CCTV. “Energy prices including coal prices have fallen significantly lately,” the report said, citing National Development and […]