Coal market prices in Fujian Province fell within a narrow range in the first week of October

According to monitoring data from the Ministry of Commerce’s important production data monitoring system, the coal market price of monitored sample enterprises in Fujian Province this week (October 2-8, 2023) averaged 1,488.44 yuan/ton, a month-on-month decrease of 0.1%. Among them, the market price of anthracite coal was 1,273.33 yuan/ton, a month-on-month increase of 0.3%; the bituminous coal market price was 1,596.00 yuan/ton, a month-on-month decrease of 0.2%. Overall, the coal market prices of sample enterprises monitored in Fujian Province fell within a narrow range last week. During the Mid-Autumn Festival and National Day Golden Week, coal mines maintained normal production and coal supply was stable. As the temperature dropped, downstream companies maintained a wait-and-see attitude and mainly purchased on demand. It is expected that coal market prices in Fujian Province may adjust stably in the future due to changes in supply and demand.