According to the data of the Ministry of Commerce's important means of production market monitoring system: From May 27th to June 2nd, judging from the sample data of monitored varieties, the average price of coal in Inner Mongolia was 815.95 yuan/ton, a decrease of 1% from the previous month. Compared with the same period last year (hereinafter referred to as the year-on-year period), it decreased by 6.1%. Among them, the average price of anthracite No. 2 washed lump coal was 911.67 yuan/ton, a month-on-month decrease of 2.1%, and a year-on-year decrease of 10%; 6.7%; the average price of 1/3 coking coal for coking coal was 829.47 yuan/ton, a month-on-month increase of 0.9% and a year-on-year decrease of 0.3%.
The Department of Commerce of the Inner Mongolia Autonomous Region stated that the port inventory is high and the coal backlog is serious. The production capacity of coal enterprises has been improved, and the market supply capacity has been enhanced. The demand in the downstream market is weak, the overall market is mainly on the sidelines, and the trading activity is sluggish. Some traders and terminal purchases slowed down, which jointly pushed coal prices down month-on-month. It is expected that the coal market will be stable in the near future, and prices will fluctuate.
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