China Development Bank issues over 100b yuan in special loans for energy supply

Time:2023-11-27 11:29:21      Source:Xinhuanet.com
China Development Bank, one of the country's policy banks, has issued more than 100 billion yuan ($14 billion) of special loans to support energy supply since the beginning of this year.
 
The banks said the loans targeted supporting main coal-producing areas and key coal enterprises to increase the supply of thermal coal, as well as helping disaster-stricken areas and key power enterprises to reserve thermal coal.
 
The funds are expected to ensure the heating and energy supply this winter and next spring, the bank said.
Index RMB/t DoD Basis Date
Datong 5500 450 0 ex-mine 06-16
Shuozhou 5200 435 0 FOR 06-16
Ordos 5500 415 0 ex-mine 06-16
Yulin 6200 535 0 ex-mine 06-16
Liulin Low-sulphur 560 -10 ex-mine 06-16
Gujiao Low-sulphur 1095 0 FOR 06-16
Xingtai Low-sulphur 1210 0 ex-Factory 06-16
Yangquan PCI 770 0 FOR 06-16
Index RMB/t WoW WoW% Date
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