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China’s benchmark power coal price edges down

China’s benchmark power coal price dropped slightly during the past week.

The Bohai-Rim Steam-Coal Price Index (BSPI), a gauge of coal prices in northern China’s major ports, stood at 614 yuan (about 95.04 U.S. dollars) per tonne Wednesday, down 3 yuan week on week.

Released by the Qinhuangdao Ocean Shipping Coal Trading Market Co. Ltd. every Wednesday, the BSPI is a leading indicator of China’s coal prices.
Source: Xinhua

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