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Saturday, 15 February 20
CHINA'S BENCHMARK POWER COAL PRICE EDGES UP - REUTERS
ReutersChina’s benchmark power coal price rose slightly during the past week.
 
The Bohai-Rim Steam-Coal Price Index (BSPI), a gauge of coal prices in north China’s major ports, stood at 558 yuan (about 80 U.S. dollars) per tonne Wednesday, a rise of 3 yuan week on week, according to Qinhuangdao Ocean Shipping Coal Trading Market Co. Ltd.
 
Analysts said the thermal coal market saw weak supply and demand last week due to the extended holiday caused by novel coronavirus outbreak, which also led to delay of production resumption in coal producing regions and insufficient demand for railway transport.
 
According to the National Development and Reform Commission, around 57.8 percent of the coal mines have resumed production by Monday. As more mines resume operation and their capacity increases, the supply shortage in some areas will be gradually eased.
 
Released every Wednesday, the BSPI is a leading indicator of China’s coal prices.
Source: Reuters


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Monday, 06 April 20
INDIA'S 21-DAY LOCKDOWN - IMPACT ON COMMODITIES? - WOOD MACKENZIE
India is under a three-week lockdown from 25 March, to contain the spread of the coronavirus outbreak. Wood Mackenzie analysts discuss what this me ...


Friday, 03 April 20
CHINA'S BENCHMARK POWER COAL PRICE DROPS SLIGHTLY - XINHUA
China’s benchmark power coal price dropped slightly during the past week.   The Bohai-Rim Steam-Coal Price Index (BSPI), a gauge ...


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