As winter approaches, the demand for heating energy significantly increases. As a stabilizer for China's Energy supply, the production, storage, and Transportation of Coal are under close scrutiny. At the recent National Coal Trade Conference for 2025, more than 30 companies signed long-term contracts for Coal. Most of these long-term contracts were autonomously connected between supply and demand parties, with a high degree of marketization, which facilitates companies to fulfill actual contract volumes, ensuring Coal supply for this winter and next spring with a "reassurance pill." According to the reporter from the China Coal Industry Association, in the first ten months of this year, the nationwide output of raw Coal above the scale reached 3.89 billion tons, an increase of 1.2% year-on-year, marking the highest production level for the same period in history. In terms of imports, in the first three quarters, China imported a total of 0.389 billion tons of Coal, a year-on-year increase of 11.9%. Meanwhile, Coal storage is also very confident. Data shows that currently, the stock of Coal in nationwide regulated power plants is over 0.2 billion tons, with an average available days exceeding 30 days. (Economic Daily)