China's benchmark power coal price dropped 5 yuan/tonne in May 6-12 to average at 416 yuan/tonne, according to the latest Bohai-Rim Steam-Coal Price Index published on Wednesday.
Bohai-Rim Steam-Coal Price Index has kept declining for 19 weeks in a row with total decrease of 109 yuan/tonne, and marked record-low since release. The Bohai-Rim Steam-Coal Price Index covers spot prices at six major coal shipping ports in northern China.
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