According to data from the Ministry of Commerce’s Important Production Materials Market Monitoring System: From August 26 to September 1, judging from the sample data of monitored varieties, the average price of coal in Inner Mongolia was 803.71 yuan/ton, a month-on-month decrease of 0.1%, and the same as the previous month. Compared with the same period last year (hereinafter referred to as the same period last year), it decreased by 11.1%. Among them, the average price of anthracite No. 2 washed lump coal was 832.75 yuan/ton, down 0.7% month-on-month, and down 9.1% year-on-year; the average price of thermal coal with a calorific value of 5,000-5,500 kcal was 674.37 yuan/ton, up 0.4% month-on-month, and down year-on-year. 9.2%; the average price of 1/3 of coking coal was 904 yuan/ton, which was the same as the previous month and decreased by 14.3% year-on-year.
The Department of Commerce of the Inner Mongolia Autonomous Region stated that as the policy of increasing production and ensuring supply continues to advance, the production capacity of coal enterprises in main production areas has increased, the amount of imported coal has increased, and the market supply capacity has been enhanced. Downstream market demand is weak and transaction activity is sluggish. The procurement pace of some traders and terminals has slowed down, which has jointly driven the coal price to decline month-on-month. The coal market is expected to be stable in the near future, with prices fluctuating up and down.
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