High inventory pulls down China Taiyuan coal transaction price index

  • Wednesday, December 11, 2019
  • Source:ferro-alloys.com

  • Keywords:High inventory, China Taiyuan coal transaction price index
[Fellow]China Taiyuan coal transaction price index stood at 133.17 points, down 0.25 percent week on week, with the high inventory level offsetting the rising heating demands.

 [Ferro-Alloys.comChina Taiyuan coal transaction price index stood at 133.17 points, down 0.25 percent week on week, with the high inventory level offsetting the rising heating demands.

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 recent cold spells in China and the rising heating demands of residents pushed up coal consumption of power plants, but the high inventory offset some upward momentum.

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

 

 

  • [Editor:kangmingfei]

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