Coal news and updates

China Taiyuan coal transaction price index stood at 135.61 points, down 0.01 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 that the daily consumption of downstream power plants fell seasonally, and the inventory was still at a relatively high level. The fuel coal purchase of power enterprises was not active. As a result, the inventory of northern ports continued to rise, and the quotation of port power coal generally declined.

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

 

Source : http://www.china.org