On November 16, the National Development and Reform Commission held a regular press conference in Beijing. Spokesperson Meng Wei introduced that the spot price of coal futures fell sharply.
Since October 19, the main thermal coal futures contract of the Zhengzhou Commercial Exchange has fallen for many consecutive days. It closed at 809.6 yuan/ton on November 15, a 59% drop from the October 19 high of 1982 yuan; Qinhuangdao Port 5500 kcal thermal coal The spot closing price dropped to around RMB 1,095/ton, a drop of more than RMB 1,000/ton, and the coal mine pit price in the main production areas of Shanxi, Shaanxi, and Mongolia dropped to below RMB 900/ton.
Meng Wei pointed out that with the continuous increase of national coal production and market supply, the level of coal supply, coal storage and port coal storage in power plants will be further improved, and safe and stable coal supply can be reliably guaranteed this winter and next spring.
(Reporter Liu Chao produced Lu Huiqian)
Editor in charge: [Ji Xiang]