Zhongxin Finance, May 16. According to the website of the National Development and Reform Commission, relevant national and local documents have clarified the reasonable range of medium and long-term transaction prices for coal (domestic thermal coal, the same below).

When a coal production and operation enterprise signs a medium- and long-term contract with the buyer, it shall not increase the transaction price in a disguised manner by bundling and selling spot goods, beyond a reasonable range.

  For example, the upper limit of the reasonable range of the medium and long-term transaction price of coal (5500 kcal, the same below) in Shaanxi Province is 520 yuan/ton, and the upper limit of the reasonable range of spot transaction price in the mining process is 780 yuan/ton.

A local coal mine signed a medium- and long-term contract with a power plant, stipulating that the mining price will be executed in the form of "1 ton long-term contract (520 yuan/ton) bundled with 2 tons of spot (780 yuan/ton)", with an average price of 693 yuan/ ton, which has actually exceeded the upper limit of the reasonable range of medium and long-term transaction prices in the local mining process, and there is suspected price gouging.

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