China Taiyuan coal transaction price index stood at 139.03 points Monday, up 0.12 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 the industrial electricity consumption is growing steadily, and the enthusiasm for the fuel coal transportation has increased. Meanwhile, with the rise of the purchasing demand of coal-consuming enterprises, the inventory of northern ports fell significantly, and the quoted prices of some coals continued to rise.
With more than 10,000 registered coal traders, the CTCTC is the largest coal trading center in China.
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