(Bloomberg) -- Prices of coal at Qinhuangdao,
China's largest port for the fuel, rose to a record as
increased use of air conditioners in the summer season boosted
electricity demand.
The price for immediate delivery, excluding shipping
costs, climbed 2.98 yuan a metric ton to 563.38 yuan ($74),
for the week ended June 29, according to the McCloskey Group.
The price of coal at Qinhuangdao has risen almost threefold in
the past five years.
Read more at Bloomberg Energy News
China's largest port for the fuel, rose to a record as
increased use of air conditioners in the summer season boosted
electricity demand.
The price for immediate delivery, excluding shipping
costs, climbed 2.98 yuan a metric ton to 563.38 yuan ($74),
for the week ended June 29, according to the McCloskey Group.
The price of coal at Qinhuangdao has risen almost threefold in
the past five years.
Read more at Bloomberg Energy News
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