China Taiyuan coal transaction price index down 0.06 pct

Source: Xinhua| 2019-05-27 11:13:24|Editor: mingmei
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TAIYUAN, May 27 (Xinhua) -- China Taiyuan coal transaction price index stood at 139.89 points Monday, down 0.06 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 inventory of China's main power plants remained at a high level over the past week, resulting in insufficient coal demand. Additionally, freight rates for some rail lines decreased and port charges dropped, which caused coal prices to fall slightly.

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

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