According to the data from the monitoring system of important means of production in Luoyang City, a unified platform of the Ministry of Commerce's business system, this week (May 20-May 26), the average retail price of coal (bituminous coal) in Luoyang City was 654 yuan/ton, an increase from the previous month. down 1.6%. The price of coal in our city dropped slightly this week. Coal mines affected by the suspension of production and production reduction in the early stage resumed work and production one after another, and the supply in the production area was stable. Downstream demand is not ideal, traders are not motivated to purchase, and coal prices mostly fall. The peak summer power plant has long been prepared and the current operating rate is low, and the situation of oversupply cannot be changed in the short term. It is expected that coal prices may continue to fluctuate in the short term.
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