The coal chemical industry is showing signs of recovery
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According to information from Conghua Hua Wang, the environmental impact assessments for four coal chemical projects have been approved, including those related to Inner Mongolia Beikong and Xinjiang Xintian. Recently, there have been reports of another increase in coal prices; it seems that interest in the development of coal chemical industries is starting to rise again next year
Large-scale projects will still be carried out, but small and medium-sized ones are basically impossible; overall, the volume will continue to decline – it’s difficult
As soon as they looked up, everyone rushed to get involved, resulting in an excess of participants; then those extra ones had to be eliminated. It’s a form of expansion typical of China – blind development
Rising coal prices: why is this beneficial for coal chemical industry?
China is moving upward in a spiral pattern, advancing in waves