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China Taiyuan coal transaction price index edges up

• Wednesday, July 8, 2020
• Source:ferro-alloys.com

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[Ferro-Alloys.com] China Taiyuan coal transaction price index stood at 125.07 points Monday, up 0.55 percent week on week.

 

The index, released by China Taiyuan Coal Transaction Center (CTCTC) based in Shanxi, a coal-rich province, reflects the coal price levels and changes in the main production areas of China. It is published every Monday.

 

Analysts said the advent of coal consumption peak season, the shutdown of coal mines amid stricter security inspection in the main coal production areas, and the tightened supply in the thermal coal market have all contributed to the price uptick.

 

With more than 10,000 registered coal traders, the CTCTC is the largest coal trading center in China. 

 

 

Source: Xinhua

 

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