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Economy

China's benchmark power coal price falls 11 yuan per tonne

April 09, 2020

Abstract : China's benchmark power coal price fell by 11 yuan (about 1.42 U.S. dollars) per tonne during the past week.

SHIJIAZHUANG, April 8 (Xinhua) -- China's benchmark power coal price fell by 11 yuan (about 1.42 U.S. dollars) per tonne 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 535 yuan per tonne Wednesday, a drop of 11 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

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