One of the reasons for this increase is the Indonesian ban on coal exports

The decrease represented a fall from November’s 11-month high

After a decline in December, coke prices in Shandong returned to the highs of September 2021

Coal prices decreased across major producing areas

Daqing petrochemical 1# petroleum coke quotation raised by CNY 300 a ton

On January 6, coal price for the January contract increased 16.6 percent from the previous day

Supplies to main consumers will be blocked in a period in which the peak in demand of the winter season approaches

During 2021, exports increased by 5.7 percent while production rose almost 9 percent year-on-year

The current ceiling price is set at USD 70 per ton

On December 30, coal price decreased 6.8 percent from the price registered in the previous day

Prices remained stable across the producing areas

A 8.2 percent decrease month-on-month was registered

Prices remained stable across the producing areas

Prices have been increasing over the last 10 consecutive days

A pick-up in infrastructure activity and strong rural demand is expected to lift production

The majority of the imports came from Russia

The price increase seems to have been motivated by the increase of coal output in China

The agreed price was of USD 159.79 per ton

The movement took place even amid higher petcoke and coal prices

The rate for thermal coal will be set at CNY 700 per ton for long-term contracts