China's benchmark power coal price rose by 1 yuan (15 U.S. cents) per tonne 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 578 yuan per tonne Wednesday, according to Qinhuangdao Ocean Shipping Coal Trading Market Co. Ltd.
Analysts said that the rising transportation costs and the reduction of coal stocks resulted in the rising 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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