Zhongxin Finance, June 2. According to the "National Development and Reform Commission" public account on the 2nd, the National Development and Reform Commission's announcement on clarifying the behavior of operators in the coal field to drive up prices (No. 4, 2022) proposed to drive up coal (domestic Thermal coal, the same below) is the specific manifestation of price behavior.
Coal production and distribution enterprises shall not disseminate information that may push up coal price expectations by means of public quotations that exceed a reasonable range.
For example, the upper limit of the reasonable range for the medium and long-term transaction price of Mengxi coal (5500 kcal, the same below) in the mining process is 460 yuan/ton. However, since the quotation exceeds the upper limit of the reasonable range of local prices, it may generate market expectations for coal prices to rise. Therefore, there is suspected price gouging.
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