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Economy

China's benchmark power coal price drops slightly

May 30, 2019

Abstract : China's benchmark power coal price dropped slightly during the past week.

SHIJIAZHUANG, May 29 (Xinhua) -- China's benchmark power coal price dropped slightly during the past week.

The Bohai-Rim Steam-Coal Price Index (BSPI), a gauge of coal prices in northern China's major ports, stood at 578 yuan (about 84 U.S. dollars) per tonne Wednesday, a drop of one yuan week on week, according to Qinhuangdao Ocean Shipping Coal Trading Market Co. Ltd.

Released by the Qinhuangdao Ocean Shipping Coal Trading Market Co. Ltd. every Wednesday, the BSPI is a leading indicator of China's coal prices.

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Keyword: China power-coal-price

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