China's benchmark power coal price edges up

Source: Xinhua| 2018-01-04 17:28:46|Editor: ZD
Video PlayerClose

BEIJING, Jan. 4 (Xinhua) -- China's benchmark power coal price inched up in the first week of 2018 due to robust consumption from coal-fired power plants in coastal areas.

The Bohai-Rim Steam-Coal Price Index, a gauge of coal prices in northern China's major ports published weekly, went up 0.17 percent from a week ago to 578 yuan (nearly 90 U.S. dollars) per tonne, according to Qinhuangdao Ocean Shipping Coal Trading Market Co. Ltd.

"Downstream coal usage remained high," the company said in a report, citing daily consumption of major power plants has been maintained above 700,000 tonnes for 21 consecutive days.

The coal market has been stable since the end of November, when seasonal demand surge ended price declines lasting for seven straight weeks.

The index was still 2 percent lower than a year ago.

China is in the middle of capacity cuts in the bloated coal and steel sectors. Last year's annual targets to slash steel capacity by around 50 million tonnes and coal by at least 150 million tonnes were fulfilled in August and October, respectively.

TOP STORIES
EDITOR’S CHOICE
MOST VIEWED
EXPLORE XINHUANET
010020070750000000000000011100001368718231
国产无码在线观看免费在线,37pao国产成视频,日韩一区二区视频在线,国产国产人免费人成免费视频麻豆
亚洲精品字幕中文 | 亚洲九九视频一区 | 亚洲欧洲国产码专区在线观看 | 日韩高清一区二区在线观看 | 在线观看免费人成视频色9 久久精品国产一区二区三区 | 中文字幕永久在线网站 |