PriceSeek Reminder: Thermal coal CCTD index declines across the board

robot
Abstract generation in progress

Business Society March 12 News

On March 11, the CCTD index for thermal coal was 5500CV, 744 yuan/ton(-4); 5000CV, 662 yuan/ton(-4); 4500CV, 572 yuan/ton(-4).

** PriceSeek Analysis**

Thermal coal, bullish and bearish score: -1

In terms of spot prices, on March 11, the CCTD index for thermal coal at 5500CV, 5000CV, and 4500CV all fell by 4 yuan/ton, reporting 744 yuan/ton, 662 yuan/ton, and 572 yuan/ton respectively. This reflects market oversupply or weak demand, exerting moderate bearish pressure on spot prices. The overall decline in prices indicates a weak short-term fundamental outlook, possibly affected by increased inventories or slowing downstream consumption. It is recommended to monitor subsequent supply and demand changes.

【Commodity formula-based pricing principle】 Business Society’s benchmark price is generated based on big data and the Business Society price model as a trading reference price, also known as the Business Society price. It can be used to determine the transaction settlement price for the following two types of demand:

1. Settlement price on a specified date

2. Average settlement price over a specified period

Pricing formula: Settlement price = Business Society benchmark price × K + C
K: Adjustment factor, including account period costs and other factors.
C: Premium or discount, including logistics costs, brand price differences, regional price differences, and other factors.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin