Coke price down by 1/4 in coal exporting province

The price of coke exported by Shanxi Province dropped to 313.6 US dollars per ton in July, down by 77.7 US dollars or 24.94 percent from June, local customs said Wednesday.

The export price in January-July this year averaged 321 US dollars per ton, compared with 123 US dollars in the same period last year. The monthly price reached its peak of 417.8 US dollars in May this year.

As a leading coal producer and exporter, Shanxi exported 1.9 million tons of coal in July and raked in 106 million US dollars, up 28.8 percent and 155.67 percent, respectively, according to the customs of Taiyuan, the provincial capital.

Shanxi exported a total of 24.15 million tons of coal in the first seven months, earning more than 1 billion US dollars.

The province's foreign trade jumped by 72.17 percent to 5.07 billion US dollars in the seven months, including 3.99 billion US dollars of export and 1.08 billion US dollars of import, up 89.3 percent and 28.3 percent respectively.

Source: Xinhua