TAIYUAN, Dec. 2 (Xinhua) -- China Taiyuan coal transaction price index stood at 133.5 points, up 0.1 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 with the mass campaigns of coal mine safety around the country, and the significant drop of air temperature, the coal market became profitable. The daily coal consumption of power plants had increased, but power coal inventory was still at a relatively high level. The increase of coal price was limited.
With more than 10,000 registered coal traders, the CTCTC is the largest coal trading center in China.