China Taiyuan coal transaction price index stood at 141.47 points Monday, up 0.68 percent week on week.
The index, released by China Taiyuan Coal Transaction Center (CTCTC) based in Shanxi, a coal-rich province, reflects the coal price levels and changes in the main production areas of China. It is published every Monday.
Analysts said that due to the recent recurrence of the epidemic in some areas, coal transportation in northern ports has been affected, and port inventories have continued to be low. The purchasing enthusiasm of coal-consuming companies are generally high, and the supply of various coal types is obviously insufficient, pushing up the coal prices.
With more than 10,000 registered coal traders, the CTCTC is the largest coal trading center in China.