China Taiyuan coal transaction price index stood at 133.9 points Monday, up 1.39 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 increase in residents' demand for heating and the rapid recovery of industrial production and other factors, the electricity consumption of the whole society has remained high, and the daily coal consumption has continued to increase. The spot market resources in northern ports were notably insufficient, leading the coal price to rise significantly.
With more than 10,000 registered coal traders, the CTCTC is the largest coal trading center in China.
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