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China to adjust coal output of mines

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China National Coal Association (CNCA) has decided to adjust the proportion of coal output of large, midsize and small coal mines to 56: 17: 27 in 2010.

Wang Xianjun, chairman of the association, said that 13 grand coalmines' production capacity would be lifted to 2.24 billion tons by 2010, accounting for 86 percent of China's gross coal output.
MCX Silver 05 September 2012 contract was trading at Rs 56922 . What's your view on it?
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