Article: China power and coal?

Source: http://www.istockanalyst.com/article/viewiStockNews/articleid/4789139

1) Flood
International coal price may rise and even go higher t han the Chinese price in a short term, under the influence of the big flood in Australia, the world's major coal exporter. China's power pro ducers thus have lost a bargaining chip in the recent negotiations with coal supplier.
A coal company insider revealed that China's coal price i n key contracts for 2011 rises 30-50 yuan/tonne.