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Coal Prices hold steady

June 21st, 2010

June 21, 2010
Spot prices for thermal coal in Qinhuangdao, China’s top coal port, remain unchanged from a week earlier, with demand high with the arrival of summer when there is high coal and power consumption.
Current Coal Coal with a calorific value of 5,800 kcal/kg (NAR) was quoted in the range of $114 to $116 US Dollars per metric tonne.
Coal with a calorific value of 5,500 kcal/kg was between $110 and $111 US Dollars.
There has been some return of hydropower generation following a drought a southwestern China which has eased power shortages some.