In May the coal market price in Fujian Province fell steadily

According to the data from the Ministry of Commerce's important means of production monitoring system, in May 2023, the average coal market price of the monitored sample enterprises in Fujian Province was 1512.44 yuan/ton, a month-on-month decrease of 1.8%. Among them, the market price of anthracite was 1,339.35 yuan/ton, a month-on-month decrease of 2.6%; the market price of bituminous coal was 1,598.98 yuan/ton, a month-on-month decrease of 1.4%. On the whole, the coal market prices of the monitoring sample enterprises in Fujian Province fell steadily and moderately last month. In May, the overall supply of coal was relatively sufficient, the downstream demand was lower than expected, the market trading atmosphere was general, and the purchase was mainly on-demand, and the overall coal market price went down. It is expected that the coal market price in Fujian Province will be adjusted steadily due to the influence of changes in supply and demand in the later period.