TAIYUAN, Nov. 30 (Xinhua) -- China Taiyuan coal transaction price index stood at 129.54 points Monday, up 0.26 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 owing to snowfall and safety inspections, some coal mines in the main production areas have suspended or restricted production, leading to a tight supply of thermal coal in the market. As traders remained confident about the price, the prices of some coal types continued to rise slightly.
With more than 10,000 registered coal traders, the CTCTC is the largest coal trading center in China.