China's benchmark power coal price remains flat

Time:2019-06-14 09:01:15      Source: xinhuanet.com

China's benchmark power coal price remained flat during the past week.

The Bohai-Rim Steam-Coal Price Index (BSPI), a gauge of coal prices in northern China's major ports, stood at 577 yuan (about 84 U.S. dollars) per tonne Wednesday, according to Qinhuangdao Ocean Shipping Coal Trading Market Co. Ltd.

Analysts said the daily coal consumption of major power plants along the coast has risen rapidly since April, ending two consecutive weeks of decline in coal prices around the Bohai Sea.

Meanwhile, according to the General Administration of Customs, China imported 27.47 million tonnes of coal and lignite in May, up 23 percent year on year and 8.6 percent from the previous month, which restrained the rise of coal price.

Released by the Qinhuangdao Ocean Shipping Coal Trading Market Co. Ltd. every Wednesday, the BSPI is considered 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
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