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SHIJIAZHUANG, Sept. 11 (Xinhua) -- China's benchmark power coal price rose slightly during the past week as tightening supply and increasing consumption of power plants brought a temporary bonus for coal prices.
The Bohai-Rim Steam-Coal Price Index (BSPI), a gauge of coal prices in north China's major ports, reached 578 yuan (about 81.2 U.S. dollars) per tonne Wednesday, a rise of one yuan week on week, according to Qinhuangdao Ocean Shipping Coal Trading Market Co.
Released by the Qinhuangdao Ocean Shipping Coal Trading Market Co. every Wednesday, the BSPI is a leading indicator of China's coal prices.
