Online coal trades in China's Xinjiang surge during Jan-Nov

Source: Mysteel Dec 05, 2024 20:20

Online transactions of coal produced in Northwest China's Xinjiang Uygur autonomous region surged by 286% on year to reach 58.33 million tonnes during January-November this year, according to data from the Xinjiang Coal Exchange Center (XCEC).The online transactions of coal produced in Northwest China's Xinjiang Uygur autonomous region have surged by 286% on year to reach 58.33 million tonnes during January-October this year, according to data from the Xinjiang Coal Exchange Centre.

The figure represents 12.5% of total sales of Xinjiang coal during the period, compared with the 7.6% share seen in the full year of 2023, XCEC data indicate. Online auctions via the XCEC, the only e-trading platform for spot coal in Xinjiang, allows Xinjiang-mined coal to reach wider markets in

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