Chongqing Thermal Coal Price Index was officially released

Guided by China National Coal Association, China Coal Transportation and Distribution Association and China Coal Transportation and Distribution Association and Chongqing Municipal Committee of Economy and Information Technology, China Coal Price Index - Middle and Upper Reaches of the Yangtze River (Chongqing) Thermal Coal Price Index, which was issued by Shaanxi Coal Trading Center, was officially released at the 2019 National Coal Trade Fair on December 5, 2018.
 
The release of Chongqing Thermal Coal Price Index fills the blank of the coal market index in the upper reaches of the Yangtze River, further improving and perfecting China's coal price index system, timely and accurately reflecting the supply and demand relationship of the coal market in the upper reaches of the Yangtze River, and guides the formation of the price adjustment mechanism of regional thermal coal market . It is of great significance for guiding enterprises' production and consumption. And it offers a gist for macroeconomic regulation and control of all levels of governments and business decisions conduct of coal supply and demand enterprises. At the same time, it will promote the stability and sustainable development of the coal industry chain in the upper reaches of the Yangtze River.

Gao Song, President of the Shaanxi Coal Trading Center, introduced the compilation of the Chongqing Thermal Coal Price Index at the launch of the Index.