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China's Benchmark Power Coal Price Edges Up

 

 

November 4, 2020 - China's benchmark power coal price rose slightly during the past week.

The Bohai-Rim Steam-Coal Price Index (BSPI), a gauge of coal prices in north China's major ports, stood at 564 yuan (about 84.21 U.S. dollars) per tonne Wednesday, a rise of 5 yuan week on week, according to the 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.