Guaranteed supply and stable prices | National power plants exceed 143 million tons of coal, and coal prices gradually return to a reasonable range

  CCTV News: In response to the sharp increase in coal prices in the early stage, relevant departments quickly adopted a series of measures to ensure supply and stabilize prices, and achieved significant results.

At present, coal storage in power plants has exceeded 143 million tons, and it can be used for 23 days, exceeding the normal level. The effect of maintaining the supply and price of basic energy such as coal has been remarkable.

  National coal production and market supply continue to increase.

At present, the daily output of coal dispatch has stabilized at more than 12 million tons, setting a record high continuously.

The increase in coal storage in power plants and ports has accelerated, and the daily coal supply from power plants exceeds coal consumption by more than 2 million tons.

At present, coal storage in power plants nationwide has exceeded 143 million tons. According to the current coal supply level, it is expected to exceed 150 million tons by the end of November, which is basically the same level as the same period last year.

  Coal prices gradually returned to a reasonable range.

Data show that coal futures and spot prices have fallen sharply since late October. As of mid-November, the main contract for thermal coal futures at the Zhengzhou Commodity Exchange has fallen to around 800 yuan/ton, down nearly 60% from the highest point in October; Qinhuangdao Port is 5,500 yuan. The spot closing price of truck thermal coal fell to about 1,000 yuan/ton, and the coal mine pit price in the main production areas of Shanxi, Shaanxi and Mongolia fell below 900 yuan/ton, a drop of more than 50%.

  Monitoring data from the National Development and Reform Commission show that driven by the sharp drop in coal prices, the prices of steel, aluminum, glass, paper pulp, PVC, methanol and coal chemical products have also fallen sharply recently, and the upward pressure on the prices of some raw materials has been significantly eased.

  Guo Liyan, Director of the Comprehensive Situation Office of the Macroeconomic Research Institute of the National Development and Reform Commission: According to the current fixed-point monitoring observations, the price increase of terminal consumer products is limited, and the impact of upstream raw material prices on the price increase of terminal consumer products is controllable.