TAIYUAN, May 24 (Xinhua) -- China Taiyuan coal transaction price index stood at 160.09 points Monday, up 4.67 percent week on week and marking a consecutive rise for six weeks.
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.
The wait-and-see sentiment continues to heat up, and coal prices are expected to gradually stabilize and pull back in the future.
With more than 10,000 registered coal traders, the CTCTC is the largest coal trading center in China.