According to data from Luoyang Important Production Data Monitoring System, a unified platform for the Ministry of Commerce’s business systems, in the first week of September (September 2-September 8), the average retail price of coal (bituminous coal) in Luoyang was 677.5 yuan/ tons, a month-on-month decrease of 0.4%. Coal prices in Luoyang fell slightly last week. At present, the overall market demand is average, power plant terminal stocks are sufficient, purchasing willingness is not strong, imported coal is pouring in, spot purchases are rare, and the overall demand is weakening. In addition, many power plants have scheduled maintenance in September, and end users are basically waiting for coal prices to fall before properly replenishing their stocks. It is expected that coal prices may continue to remain weak in the future.
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