China Taiyuan coal transaction price index down 0.45 pct

 China Taiyuan coal transaction price index stood at 125.51 points Monday, down 0.45 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.

Analysts said that due to the recent rainy weather, residential electricity demand has fallen short of expectations. Increased hydroelectric generation has left thermal power plants with relatively sufficient coal inventories, which also caused coal prices to drop slightly.

With more than 10,000 registered coal traders, the CTCTC is the largest coal trading center in China.