SunSirs: The Coal Market Price in Fujian Province Steadily Declined in July

According to data from the important production data monitoring system of the Ministry of Commerce, in July 2023, the average market price of coal for monitoring sample enterprises in Fujian Province was 1464.56 RMB/ton, a decrease of 1.4% month on month. The market price of anthracite coal was 1227.63 RMB/ton, a decrease of 4.1% month on month; The market price of bituminous coal was 1583.03 RMB/ton, a decrease of 0.3% month on month. Overall, the coal market prices of monitoring sample enterprises in Fujian Province fell steadily in July. In July, the coal mine was operating normally and the overall coal supply remained stable. At the beginning and middle of the month, due to the arrival of peak summer, demand increased and coal market prices increased. However, at the end of the month, due to the impact of typhoon weather, the overall transaction was relatively average, and the market was mostly wait-and-see sentiment, resulting in a decrease in coal market prices. It is expected that the coal market price in Fujian Province will be adjusted stably due to the impact of supply and demand changes.

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