At a time when global inflation is heating up, China has taken major measures, and the National Development and Reform Commission has stated that it will implement range-based regulation on coal prices.
This move is intended to stabilize coal prices, thereby stabilizing electricity prices and stabilizing people's livelihood.
The National Development and Reform Commission proposed a range of 570 yuan to 770 yuan with Qinhuangdao seawater coal as the target.
570 yuan offline, considering the production cost of coal enterprises, to ensure their enthusiasm for coal production.
770 yuan was launched, taking into account the cost of coal purchases by power companies for power generation to ensure their enthusiasm for power generation.
Within the range, coal prices fluctuate freely, and once it breaks through the range, officials will not rule out price intervention.
All parties predict that this reform is expected to push coal prices down.
Responsible editor: [Luo Pan]