Stabilizing prices first involves industrial products, the National Development and Reform Commission today interviewed coal bosses

Stabilizing prices first involves industrial products. The Development and Reform Commission today interviewed coal bosses. This website learned that this morning (month day), the Price Department of the National Development and Reform Commission interviewed several large coal companies to communicate on maintaining market coal prices. It is reported that the several coal companies interviewed are mainly companies that sell more coal in the market to Qinhuangdao Port. Qinhuangdao is a major transfer station for China's coal, and its coal quotations have always been the vane of the domestic coal market. Recently, driven by factors such as coal shortages in power plants and rising raw material prices, coal prices in Qinhuangdao have shown an upward trend. At the end of last month, the National Development and Reform Commission has just issued an emergency notice requesting that the price of key thermal coal cannot be changed, and the quantity and quality must be guaranteed to be fulfilled. On the month of January, the coal quotation* of Shanxi Kcal from Qinhuangdao Port was as high as RMB per ton, up by .% month-on-month and .% year-on-year. This price has risen by yuan compared with the same period last year, by yuan since the end of March, and by yuan since last week. In addition, news about the increase in on-grid tariffs by provinces and cities was also confirmed yesterday. According to calculations, every penny increase in the on-grid electricity price can offset the increase in electricity coal. Last week, the coal inventory of Qinhuangdao Port continued to decline for the seventh consecutive week. As of the month, the coal inventory of Qinhuangdao Port was 10,000 tons, a week-on-week decrease of 10,000 tons. According to people familiar with the matter, the National Development and Reform Commission will not directly ask for price increases during this meeting with major coal companies, but will require coal companies to reasonably control price increases and prohibit blind price increases. In the face of skyrocketing coal prices, the National Development and Reform Commission introduced temporary price control measures that did not allow price increases within six months. The above-mentioned person said, 'The current situation has not yet reached the point where price controls are to be adopted, so the National Development and Reform Commission has adopted the form of interviews. However, if the market outlook continues to rise, further intervention will not be ruled out.'