TAIYUAN, April 29 (Xinhua) -- China Taiyuan coal transaction price index stood at 140.02 points Monday, 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 the coal inventory of China's main power plants remained at a high level over the past week, and the coal demand from cement and building materials producers was insufficient. Additionally, the security inspection in local coal mines was tightened, resulting in weak power coal supply and demand in northern ports.
With more than 10,000 registered coal traders, the CTCTC is the largest coal trading center in China.