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 390 0 ex-mine 08-10
Shuozhou 5200 420 0 FOR 08-10
Ordos 5500 350 0 ex-mine 08-10
Yulin 6200 385 -20 ex-mine 08-10
Liulin Low-sulphur 815 0 ex-mine 08-10
Gujiao Low-sulphur 1240 0 FOR 08-10
Xingtai Low-sulphur 1540 0 ex-Factory 08-10
Yangquan PCI 720 0 FOR 08-10
Index RMB/t WoW WoW% Date
Qinhuangdao 562.0 36.0 6.84 08-06
Caofeidian 399.0 -22.0 -5.23 08-06
Huanghua 200.7 -6.9 -3.32 08-06
Guangzhou 256.7 -14.2 -5.24 08-06
coastal 6PPs 1629.8 44.7 2.82 07-02
North Ports 2468.5 47.0 1.94 08-06
Yangtze River delta 1382.0 -16.0 -1.14 08-06
South Ports 3198.5 -74.0 -2.26 08-06
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