Home Business Development and Reform Commission studies the establishment of a standardized coal market price formation mechanism to guide coal prices to stabilize in a reasonable range for a long time

Development and Reform Commission studies the establishment of a standardized coal market price formation mechanism to guide coal prices to stabilize in a reasonable range for a long time

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Recently, coal prices have risen sharply, and all aspects of society have responded strongly. In accordance with the “Price Law” and the prohibition of profiteering and other relevant laws and regulations, the National Development and Reform Commission is studying the establishment of a standardized coal market price formation mechanism to guide the long-term stability of coal prices in a reasonable range.

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  Development and Reform Commission issued 14 consecutive articles in 7 days to curb “coal crazy”

The National Development and Reform Commission issued three articles a day to curb “coal crazy”. On the evening of October 25, the National Development and Reform Commission reported that the National Development and Reform Commission recently went to the central enterpriseResearchPromote the work of increasing coal production and supply. On the same day, the National Development and Reform Commission launched an assessment and compliance review of coal and other energy price index behaviors in accordance with regulations, in order to curb the rise in coal prices caused by speculation. On the 25th, the National Development and Reform Commission also issued a document stating thatcontractPerformance credit supervision.

According to the statistics of the “Economic Information Daily” reporter, the National Development and Reform Commission issued 14 consecutive articles in the past week to fully promote the release of coal production capacity, severely investigate and punish malicious capital speculation, and guide coal prices to return to a reasonable level. According to data from the National Development and Reform Commission, since the end of September, the country’s average daily coal output has increased by more than 1.2 million tons from September, and the daily output has set a new high this year.recentlyDatong, Shuozhou, Mengdong,OrdosMany coal mines in places such as Yulin and Yulin took the initiative to lower coal pit sales prices, all of which were lower than 100 yuan/ton, with the highest price cut reaching 360 yuan/ton.

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In a recent survey of state-owned enterprises, the National Development and Reform Commission’s research team emphasized that coal mines with the potential to increase production should be promoted to release production capacity as soon as possible, and that open-pit coal mines that have been approved and completed should be put into production quickly. For some projects that are in the “one-stop” approach, the “one mine, one policy” approach is adopted to coordinate and solve the problems one by one, promote the commissioning of coal mine projects as soon as possible, and make greater contributions to further increase the coal production and supply capacity.

While increasing supply, in response to the inflated coal prices caused by capital participation and speculation, the National Development and Reform Commission held a special meeting on October 22 to study policies and measures to stop coal companies from making huge profits, emphasizing that coal companies should consciously regulate operations in accordance with the law and make reasonable formulations. Price; for price violations that violate the current regulations on prohibiting profiteering, severe penalties will be imposed in accordance with the law. Recently, the Price Department of the National Development and Reform Commission also sent a number of supervision teams to Qinhuangdao Port and other ports to supervise the work of ensuring coal supply and stabilizing prices.

“The price of coal in the market must be lowered as soon as possible. This series of measures introduced by the state are timely and will help promote a more stable operation of the coal market and the return of price rationality.” The relevant person in charge of the China Coal Transportation and Marketing Association was interviewed by the reporter of the Economic Information Daily. Said that there is a gap in the supply and demand of coal this winter, and the shortfall in supply coupled with speculation has led to an increase in coal prices. Under a series of measures, coal prices in the market have gradually cooled in the past week, and futures prices have also returned.

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According to data from the National Development and Reform Commission on the 25th, since October 5, the coal supply of power plants nationwide has exceeded coal consumption for 20 consecutive days. Since October 19, the coal supply of power plants has exceeded coal consumption by more than 1 million tons. It reaches 2 million tons per day, the level of coal storage in power plants has increased rapidly, and the safety guarantee capacity of thermal coal has been greatly improved. On October 24, the power plant supplied 7.14 million tons of coal, and the power plant’s coal storage reached 95.69 million tons, an increase of 17 million tons from the end of September. It can be used for 17 days. With the further release of coal production capacity and the completion of the overhaul of the Daqin line, the power plant’s coal supply will be further increased. (Source: Economic Information Daily)

(Source: Securities Times Net)

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