According to the monitoring system of Ningbo's important means of production market monitoring system, in March 2023, the city's average coal price was 1146.3 yuan/ton, a month-on-month decrease of 1.9%. Among them, bituminous coal was 914.6 yuan/ton, a month-on-month decrease of 1.5%; anthracite was 1,378 yuan/ton, a month-on-month decrease of 2.1%. In the first quarter, coal prices fluctuated seasonally, mainly in shocks, mainly because the current coal market presents a pattern of weak supply and demand, downstream demand has declined, and price support is lacking. It is expected that after entering the second quarter, the orders of downstream industrial enterprises will gradually increase, and the power consumption load will increase accordingly.
Coal prices in Ningbo will drop slightly in March 2023
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