The continuously rising Qinhuangdao thermal coal price hit a two-year high during the May 1st period. During the “May 1st†period, thermal coal prices in Shanxi and other places distributed by Qinhuangdao Port continued to rise, with an average increase of RMB 15 per ton; and the latest comprehensive price index for the first phase of the Bohai Steam Coal Price Index was RMB 808 per ton, up by 9 Yuan/ton, rose by 41 yuan or 5.35% per ton in six weeks. This is the highest price since the index was released, and its span of gains is also the longest since the index's trial operation. Qinhuangdao market thermal coal has created the highest price since November 2008. Its 5,500 kcal calorific quality premium coal has risen by RMB 5/t from the previous month on the 17th, maintaining a price level of RMB 805 to 815/t, breaking the 2009 level. In 2010 and 2010, the high prices of 800 to 810 yuan/ton were maintained, creating a new high of coal prices in the past two and a half years. Experts believe that the continuous rise in coal prices is related to the sharp decline in China’s coal imports. At present, the domestic coal price is 100 yuan lower than the international coal price per ton. In the first quarter of this year, China's coal imports totaled 32.37 million tons, which was 26.4% lower than the same period of last year. At the same time, due to the impact of the Datong-Qinhuangdao line, the coal currently transferred to Qinhuangdao Port in Shanxi Province is still at an off-season level. WUXI SHINDEN MODERN INTELLIGENT TECHNOLOGY CO.,LTD , https://www.myshinden.com