CCI 1 and CCI 2 prices slump on sixth Shenhua price cut

摘要

Domestic thermal coal prices in China fellMonday, reacting quickly to leading Chinese coal producerShenhua’s latest Yuan 10/mt price cut, the sixth since lateJune, said market sources.At the close of Asia trade, the Platts/Fenwei China CoalIndex (CCI 1) for 5,500 kcal/kg NAR domestic thermal coaltraded at Qinhuangdao port was assessed at Yuan 471/mtinclusive of VAT, down Yuan 4.50 from Friday.