Saturday,Feb 19,2011
Coal price at ports of South China was unchanged in the week from Feb 12 to 18, according to a report by Qinhuangdao Seaborne Coal Market.
During the week, the prices of premium mix with calorific value of 5000Kcal/kg and 5500Kcal/kg remained at 765 yuan/t and 880 yuan/t at Guangzhou port, showed data issued by the coal portal.
At Ningbo port, Shenmu slack with heating value of 6000 Kcal/kg was priced at 955 yuan/t, and Shenmu lump with energy value of 6500 Kcal/kg was traded at 1200 yuan/t, keeping the same level for six consecutive weeks, the report said.
As of Feb 16, the freight rate for vessels of 20,000 to 30,000 DWT from Qinhuangdao to Guangzhou and Ningbo ports were 66 yuan/t and 35 yuan/t, according to data released by Qinhuangdao Tongying Shipping Co., Ltd.
The freight for vessels of 5,000 DWT from Tianjin to Ningbo ports dropped 2 yuan/t or 4.35 percent to 44 yuan/t, and that of 40,000 to 50,000 DWT from Qinhuangdao to Guangzhou ports fell 4 yuan/t to 45 yuan/t, showed data released by Shanghai Shipping Exchange.
(sourced:en.sxcoal.com)
Tags:South China,China ports coal prices, Ningbo Port, Qinhuangdao, Guangzhou,Seaborne Coal Market
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