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 | 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 |
---|---|---|---|---|