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China Taiyuan coal transaction price index up 0.04 pct


China Taiyuan coal transaction price index stood at 135.6 points on Monday, up 0.04 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 the slight increase of coal prices was driven by increasingly stringent safety and environmental inspection, the slowdown in production of coal enterprises in Shanxi, and the reduced supply of power coal market.
 
With more than 10,000 registered coal traders, the CTCTC is the largest coal trading center in China.
 
Source:Xinhua

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