China coal price to rise next year, CCTMA

China's coal price is likely to rise next year because of possibly tight supply, a report of China Coal Transportation and Marketing Commission (CCTMA) disclosed.

China's coal supply falls short of demand in the 2006-2010 period, and will lack of some 100 million tons of coal, the report said.

The report said that this was partly the result of the government's effort earlier this year to control new investment in coalmine development.

Although more output capacity will be put into operation next year, coal consumption growth will slow down with the government's control on high-energy consumption industries.