China Taiyuan coal transaction price index stood at 128.42 points Monday, down 2.05 percent week on week.
The index, released by China Taiyuan Coal Transaction Center (CTCTC) based in Shanxi, a coal-rich province, reflects the coal price levels and changes in the main production areas of China. It is published every Monday.
Due to the COVID-19 epidemic, operations of industrial enterprises have not fully recovered, resulting in low-level daily consumption for coal, analysts said.
In addition, electricity enterprise inventories are at a relatively high level and the weak demand drove down the coal prices.
With more than 10,000 registered coal traders, the CTCTC is the largest coal trading center in China.
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