China Taiyuan Coal Transaction Price Index Up 0.58 pct
June 16, 2020 - China Taiyuan coal transaction price index stood at 124.43 points Monday, up 0.58 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 coal consumption peak is approaching, owing to safety and environmental protection inspection in the main producing areas, plus the coal mine resumption was short of expectation and imported coal quotas was limited, the supply of thermal coal market resources was tight, led the coal prices to increase slightly.
With more than 10,000 registered coal traders, the CTCTC is the largest coal trading center in China.