According to the monitoring data of the Ministry of Commerce's important means of production monitoring system, this week (May 22-28, 2023) the average coal market price of the monitoring sample enterprises in Fujian Province was 1510.42 yuan/ton, a month-on-month decrease of 0.3%. Among them, the market price of anthracite was 1340.00 yuan/ton, a month-on-month increase of 0.1%; the market price of bituminous coal was 1595.63 yuan/ton, a month-on-month decrease of 0.4%. On the whole, the coal market prices of the monitoring sample enterprises in Fujian Province fell steadily and moderately this week. At present, the supply of coal is relatively stable, the temperature has risen recently, the terminal demand is not good, the market sentiment is on the sidelines, and the downstream mostly maintains on-demand procurement. 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. It is worth noting that as the peak summer market is approaching, the growth rate of electricity consumption will be significantly accelerated, some power plants will increase their purchases, coal demand will be supported, and there is limited room for a sharp drop in coal prices. It is expected that the price of coal market in the province will stop falling and stabilize next week.
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