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Tuesday, 20 October 20
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX UP 0.82 PCT - XINHUA
China Taiyuan coal transaction price index stood at 127.49 points Monday, up 0.82 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 affected by the safety and environmental inspections of the main producing areas, coal mine production has fallen. Plus the recent traffic maintenance and other factors, the amount of coal transfered to northern ports has continued to be low, and traders are positive about the future market, leading the coal prices to rise.
 
With more than 10,000 registered coal traders, the CTCTC is the largest coal trading center in China.
Source: Xinhua


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