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According to data released by the National Bureau of Statistics on December 27, 2020, with the advent of the heating season, the demand for thermal coal and the price increase have accelerated the recovery of profits in the coal industry.
Recently, many places have "turned off power cuts", and the market is worried about the contradiction between supply and demand.
Recently, some people said that the suspension of Australian coal imports will cause a shortage of supply in my country.
Thermal coal is highly substitutable and can make up for this part of the gap between Indonesia and Russia.
It is also understood that at the 2021 National Coal Trade Fair held recently, Jinneng Holding Group signed a 5-year medium and long-term coal cooperation agreement with China Datang Group, China Huaneng Group, and Anhui Conch Group.
The National Energy Group also recently signed cooperation agreements with 8 upstream and downstream customer units including Huaneng Group, China Coal Group, and Zhejiang Energy.
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