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The National Development and Reform Commission reported on November 3 that after a number of private enterprises such as Inner Mongolia Yitai Group, Mengtai Group, Huineng Group and Xinglong Group took the initiative to lower the price of pit coal, state-owned enterprises such as National Energy Group and China Coal Group also took the initiative.
At the recent meeting held by the China Coal Transportation and Marketing Association, more than 10 major coal companies across the country have followed up and took the initiative to reduce the pit-mouth price of 5,500 kcal thermal coal in the main producing area to below 1,000 yuan per ton
At the recent meeting held by the China Coal Transportation and Marketing Association, more than 10 major coal companies across the country have followed up and took the initiative to reduce the pit-mouth price of 5,500 kcal thermal coal in the main producing area to below 1,000 yuan per ton
Judging from the market monitoring situation, since late October, the national coal prices in pits and ports have dropped sharply.
With the increase in coal production in the later period, the supply and demand situation of the coal market will further improve
.
