According to news on December 14, the coal sector fell across the board. As of press time, Shaanxi Coal Industry, Lu'an Huaneng, Meijin Energy, Haohua Energy, Pingping Coal shares, and Shanxi Coal Industry fell nearly 4%.
On the face of the news, the National Development and Reform Commission pointed out that with the increase in national coal production and supply and the increase in coal stocks in power plants and ports, the spot price of power coal has fallen sharply. It is expected that in the later stage, with the further release of coal mine capacity and the continued increase in coal production, coupled with the reduction in power plant market procurement after the fulfillment of medium-and long-term contracts for thermal coal and the increase in coal storage, coal prices are expected to continue to