China's benchmark power coal price dropped slightly during the past week, continuing a downward trend.
The Bohai-Rim Steam-Coal Price Index (BSPI), a gauge of coal prices in north China's major ports, stood at 577 yuan (about 83.5 U.S. dollars) per tonne Wednesday, a drop of one yuan week on week, according to Qinhuangdao Ocean Shipping Coal Trading Market Co. Ltd.
Analysts said a number of factors have fed a downward trend of the index, including the influx of imported coal, increased clean energy output and weakened coal demand from high-consumption industries.
Released by the Qinhuangdao Ocean Shipping Coal Trading Market Co. Ltd. every Wednesday, the BSPI is a leading indicator of China's coal prices.
| Index | RMB/t | DoD | Basis | Date |
|---|---|---|---|---|
| Datong 5500 | 455 | 0 | ex-mine | 07-01 |
| Shuozhou 5200 | 445 | 0 | FOR | 07-01 |
| Ordos 5500 | 420 | 0 | ex-mine | 07-01 |
| Yulin 6200 | 540 | 0 | ex-mine | 07-01 |
| Liulin Low-sulphur | 565 | 0 | ex-mine | 07-01 |
| Gujiao Low-sulphur | 1095 | 0 | FOR | 07-01 |
| Xingtai Low-sulphur | 1210 | 0 | ex-Factory | 07-01 |
| Yangquan PCI | 795 | 0 | FOR | 07-01 |
| Index | RMB/t | WoW | WoW% | Date |
|---|---|---|---|---|
褰檽锟斤拷?