(Bloomberg) -- Prices of coal at Qinhuangdao,
China's largest port for the fuel, rose 8 percent to a record as
the country increased consumption of electricity in summer.
The price climbed 40.38 yuan ($5.30) a metric ton to 560.40,
without shipping cost, for immediate delivery for the week ended
June 15, according to the McCloskey Group. Coal producers
additionally pay as much as 40 yuan for every ton they mine as a
fee toward conserving the country's natural resources.
Read more at Bloomberg Energy News
China's largest port for the fuel, rose 8 percent to a record as
the country increased consumption of electricity in summer.
The price climbed 40.38 yuan ($5.30) a metric ton to 560.40,
without shipping cost, for immediate delivery for the week ended
June 15, according to the McCloskey Group. Coal producers
additionally pay as much as 40 yuan for every ton they mine as a
fee toward conserving the country's natural resources.
Read more at Bloomberg Energy News
No comments:
Post a Comment