China News Service, October 25. According to the WeChat official account of the National Development and Reform Commission, the National Development and Reform Commission has recently received reports from the masses that some coal and other energy consulting agencies have not used real transaction prices, abused inquiry quotations, published hearsay information or even fabricated them. The issuance of false price indexes and price index manipulation have increased speculation and caused coal prices to completely deviate from the fundamentals of supply and demand, seriously damaging the public interests of the country and society.
In order to standardize the price index behavior and promote the healthy and orderly development of the price index market, the Price Department of the National Development and Reform Commission and relevant parties established a joint working group, in accordance with the "Management Measures for the Price Index Behavior of Important Goods and Services (for Trial Implementation)" (Order of the National Development and Reform Commission) No. 43 of 2021), the compilation and release unit of all coal price indexes with national influence in China, and initiates price index behavior evaluation and compliance review.
For violations found in the assessment and compliance review, disciplinary measures such as interviews, public exposure, rectification within a time limit, suspension of publication, and inclusion on the untrustworthy list will be adopted in accordance with the regulations; for violations of the law, relevant departments will be held accountable in accordance with the law.