China's benchmark power coal price drops slightly

Time:2019-12-05 13:14:33      Source: xinhuanet.com

China's benchmark power coal price dropped slightly during the past week.

The Bohai-Rim Steam-Coal Price Index (BSPI), a gauge of coal prices in north China's major ports, stood at 551 yuan (about 77.9 U.S. dollars) per tonne Wednesday, a drop of nine yuan week on week, according to Qinhuangdao Ocean Shipping Coal Trading Market Co. Ltd.

Analysts said that on the eve of the annual coal trade fair, due to the wait-and-see attitude taken by coal traders, the trading activity of the coastal coal market was weakened, and the positive factors failed to play an effective role.

At present, there was a decline in coal prices on long-term contracts, resulting in a major constraint on spot prices, according to analysts.

Index RMB/t DoD Basis Date
Datong 5500 395 0 ex-mine 01-22
Shuozhou 5200 425 0 FOR 01-22
Ordos 5500 325 0 ex-mine 01-22
Yulin 6200 425 0 ex-mine 01-22
Liulin Low-sulphur 850 0 ex-mine 01-22
Gujiao Low-sulphur 1480 0 FOR 01-22
Xingtai Low-sulphur 1610 0 ex-Factory 01-22
Yangquan PCI 740 0 FOR 01-22
Index RMB/t WoW WoW% Date
Qinhuangdao 449.5 -37.0 -7.61 01-16
Caofeidian 367.4 7.4 2.06 01-16
Huanghua 184.4 10.8 6.22 01-16
Guangzhou 249.5 -17.9 -6.69 01-16
coastal 6PPs 1497.8 4.3 0.29 01-16
North Ports 2172.4 -64.9 -2.90 01-16
Yangtze River delta 1259.4 -16.6 -1.30 01-16
South Ports 2866.7 -32.7 -1.13 01-16
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