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China Taiyuan coal transaction price index hit 141.47 points on Monday, January 18th, increased 0.68 percent week on week.
The index, issued by China Taiyuan Coal Transaction Center (CTCTC) based in Shanxi, a coal-rich province, reflects the coal price levels and changes in the major output regions of China. It is issued every Monday.
Analysts stated that because of the latest recurrence of the epidemic in some regions, coal transportation in northern ports has been impacted, and port inventories have continued to be low. The purchasing enthusiasm of coal-consuming firms are usually high, and the supply of a variety of coal types is clearly inadequate, increasing the coal prices.