Coal prices at ports of South China rose in the week from Mar 12 to 18, according to a report published by Qinhuangdao Seaborne Coal Market.
At Guangzhou port, the price of premium mixed coal with heating value of 5000Kcal/kg rose 25 yuan/t or 3.27 percent from last week to 790yuan/t and that of 5500Kcal/kg increased 15 yuna/t to 885 yuan/t, data showed.
And, the price of Shenmu slack with calorific value of 6000Kcal/kg was 955 yuan/t at Ningbo port and that of 6500Kcal/kg was 1200 yuan/t.
The increasing demand for coal from downstream would relieve the slack supply and demand of coal market.
As of Mar 17, Guangzhou port had 2.31 million tonnes coal in stock.
At Guangzhou port, the price of premium mixed coal with heating value of 5000Kcal/kg rose 25 yuan/t or 3.27 percent from last week to 790yuan/t and that of 5500Kcal/kg increased 15 yuna/t to 885 yuan/t, data showed.
And, the price of Shenmu slack with calorific value of 6000Kcal/kg was 955 yuan/t at Ningbo port and that of 6500Kcal/kg was 1200 yuan/t.
The increasing demand for coal from downstream would relieve the slack supply and demand of coal market.
As of Mar 17, Guangzhou port had 2.31 million tonnes coal in stock.
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