Coal news and updates

China Taiyuan coal transaction price index stood at 160.06 points Monday, down 0.02 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 with the gradual implementation of policy measures to ensure supply and stable prices, terminal coal-consuming companies and traders were cautious to purchase. The transaction of the thermal coal market in northern ports has slowed down, and the quotations of various types of coals have dropped.

 

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

 

Source : https://www.hellenicshippingnews.com