Industries > Energy

National Coal Price Index system takes shape

HOHHOT
2015-12-09 16:37

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The National Coal Price Index system has taken shape, said Wang Xianzheng, head of China National Coal Association.

The National Coal Price Index system consists of comprehensive index, the National Coal Price Index, and regional indexes, including Bohai-Rim, Taiyuan, Xi'an, Erdos, and Ecoal China City Coal Price indexes, said Wang Xianzheng.

China is improving the coal pricing mechanism with transition of coal trading method from planned production and transportation to market-oriented operation and transformation toward digital trading mode.

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