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China's benchmark power coal price remains flat

Coal News - Published on Fri, 19 Apr 2019

Image Source: Sputnik International
According to Qinhuangdao Ocean Shipping Coal Trading Market Co Ltd, China's benchmark power coal price remained flat during the past week. The Bohai-Rim Steam-Coal Price Index, a gauge of coal prices in northern China's major ports, stood at CNY 579 per tonne. Analysts said that a number of factors helped stabilize the coal prices after a short period of rise. While environmental and security supervisions are still ongoing, major coal producers have re-started their production, increasing the supply.

Besides, the impact of policy restrictions on imported coal was smaller than expected.

Meanwhile, stable storage in the northern Chinese cities of Qinhuangdao, Tangshan and Cangzhou has also kept the coal price from rising.

Source :

Posted By : Rabi Wangkhem on Fri, 19 Apr 2019
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