China Taiyuan coal transaction price index stood at 132.07 points Monday, up 0.98 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 as the temperature in many places has dropped lately, residents' demand for heating and electricity has increased, resulting in an increase of daily coal consumption of downstream power plants. In addition, the output of some coal mines has been restricted due to safety concerns, causing the future price to rise sharply.
With more than 10,000 registered coal traders, the CTCTC is the largest coal trading center in China.
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