SunSirs: In the First Week of February this Year, the Coal Price in Luoyang Fell Month-on-month

According to the data of Luoyang important means of production monitoring system on the unified platform of the business system of the Ministry of Commerce, the average retail price of coal (bituminous coal) in Luoyang last week (January 28 to February 3) was 709 yuan/ton, down 5.8% month-on-month. Last week, coal prices in our city continued to decline slightly. After the holiday, the coal production areas began to resume work gradually, the output began to increase gradually, the supply of imported coal was relatively sufficient, and the subsequent import volume would further increase. Downstream demand has not been significantly boosted, market activity is not high, and the superimposed port inventory has further increased. It is expected that coal prices will still have room to fall in the short term.