According to the data from the monitoring system of important means of production in Luoyang, a unified platform of the business system of the Ministry of Commerce, this week (June 10-June 16), the average retail price of coal (bituminous coal) in Luoyang City was 637.5 yuan/ton, a month-on-month increase. down 2%. Coal prices in Luoyang fell slightly this week. Entering the seasonal peak season, although the daily consumption of power plants has soared, the supply side is not weak. The massive influx of imported coal has not only caused a large amount of port cargo supply (Changxiehe market) to be suppressed in the port, but also caused the coal price in the port market to continue to fall. At present, domestic terminals have basically completed the purchase of imported coal in June and July, and some power plants have even completed the spot bidding plan for August. The increase in coal demand is basically covered by imported coal, the domestic market is relatively loose, and coal prices may have bottomed out.
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