(MENAFN) On Monday, May. 10 China Taiyuan coal transaction price indicator came in at 144.24 points, a rise by 2.8 percent weekly and indicating a successive climb for four weeks.
The indicator, issued by China Taiyuan Coal Transaction Center (CTCTC) located in Shanxi, a coal-rich province, represents the coal price levels and changes in the key output areas of China. It is issued every Monday.
Analysts noted that purchasing demand of end users carries on being released, and the thermal coal market in manufacturing areas satys tight, leading the prices to climb.
With over 10,000 enlisted coal traders, the CTCTC is the biggest coal trading center in the country.
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