花辨直播官方版_花辨直播平台官方app下载_花辨直播免费版app下载

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Industries

China's benchmark power coal price stays flat

Xinhua | Updated: 2018-08-25 20:14
Share
Share - WeChat
A heavy-duty lorry receives a load of coal at a yard in Huaibei, East China's Anhui province. [Photo provided to China Daily]

BEIJING -- China's benchmark power coal price remained unchanged during the past week as demand for electricity started to retreat after the peak season.

The Bohai-Rim Steam-Coal Price Index, a gauge of coal prices in northern China's major ports, stood at 568 yuan (around $82.67) per tonne in the past week, the same as a week ago, according to Qinhuangdao Ocean Shipping Coal Trading Market Co. Ltd.

Analysts said power coal sales and price were facing pressures. Coal-burnt plants have started to suspend generators for examination as summer is ending, and some corporate consumers have delayed purchase plans betting on price declines.

The benchmark price was 2.24 percent lower than that in the same period of 2017.

China is in the middle of capacity cutting in its overloaded coal sectors, with plans to reduce a further 150 million tonnes of capacity this year.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE