Tag: BPSI

China’s benchmark coal price moves up amid reduced supply

Jul 14, 2020

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by

Aditi Tiwari

in Non Coking

BPSI (Bohai-Rim Steam-Coal Price Index) – a leading indicator of China’s domestic coal prices edged up by RMB 12/t ($1.7/t) w-o-w and stood at RMB 545/t ($77.9/t). The large stock gap in ports amid incessant rains coupled with production suspension by various mines has supported the marginal recovery in thermal coal prices.