Ferrosilicon Daily Express 5.9

  • Saturday, May 9, 2020
  • Source:ferro-alloys.com

  • Keywords:Ferrosilicon futures spot
[Fellow]China's benchmark power coal price dropped slightly during the past week.
[Ferro-Alloys.com] 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 526 yuan (about 74.2 U.S. dollars) per tonne Wednesday, a drop of 4 yuan week on week, according to Qinhuangdao Ocean Shipping Coal Trading Market Co. Ltd.
 
Analysts said there have been many negotiations on coal trading of the Bohai-rim ports recently, with some positive signals appearing in the thermal coal market, which has slightly improved the market sentiment.

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