China's benchmark power coal price rose slightly during the past week.
The Bohai-Rim Steam-Coal Price Index (BSPI), a gauge of coal prices in north China's major ports, stood at 546 yuan ($78.03) per tonne Wednesday, a rise of 1 yuan week on week, according to Qinhuangdao Ocean Shipping Coal Trading Market Co Ltd.
Sufficient supply of low-price coal under long-term contracts played an important role in stabilizing the market, according to analysts.
Released by the company every Wednesday, the BSPI is a leading indicator of China's coal prices.
Index | RMB/t | DoD | Basis | Date |
---|---|---|---|---|
Datong 5500 | 450 | 0 | ex-mine | 06-19 |
Shuozhou 5200 | 435 | 0 | FOR | 06-19 |
Ordos 5500 | 415 | 0 | ex-mine | 06-19 |
Yulin 6200 | 535 | 0 | ex-mine | 06-19 |
Liulin Low-sulphur | 560 | 0 | ex-mine | 06-19 |
Gujiao Low-sulphur | 1095 | 0 | FOR | 06-19 |
Xingtai Low-sulphur | 1210 | 0 | ex-Factory | 06-19 |
Yangquan PCI | 770 | 0 | FOR | 06-19 |
Index | RMB/t | WoW | WoW% | Date |
---|---|---|---|---|