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Shenhua Group fixes waterborne coal price for January, 2

016 BEIJING
2015-12-30 16:14

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Shenhua Group, a leading coal supplier in China, has fixed its waterborne coal prices for January, 2016, the cnstock.com quoted a coal industry analyst with market research firm ICIS, as saying on Wednesday. The January price will be fixed according to median of the last quoted price of the waterborne coal in December, 2015 at Qinhuangdao port. Meanwhile, Shenhua will raise the coal price by 5-10 yuan/metric ton (tonne) for market customers and keep the price for long-contract customers unchanged, said the report.

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