Zhichen Song

"Coal prices will continue the upward momentum and are likely to rise as much as 10 percent by the end of this year," said industry analyst Song Zhichen from China ...

"The country's desire to reach its energy-saving target has had an impact on the coal industry and we expect the coal price will decline by 10 percent," said Song Zhichen ...

... tax is equal to approximately a 1 percent tax on the selling price, (which will mean) the new tax calculation method will increase costs for coal miners," Song Zhichen ...