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Thermal Coal News
Sunsirs:the Thermal Coal futures market fell on March 10
March 11 2022 09:02:34()

On March 10, 2022, the main contract 2205 of thermal coal opened at 843 yuan / ton, with the highest price of 858.6 yuan / ton and the lowest price of 792 yuan / ton. It closed at 841 yuan / ton, down 38.6 or 4.39% compared with the previous trading day. The trading volume was 3946 hands, the position was 6946 hands and the daily position was reduced by 1235 hands.

On March 10, 2022, the main contract 2205 of thermal coal opened at 843 yuan / ton, with the highest price of 858.6 yuan / ton and the lowest price of 792 yuan / ton. It closed at 841 yuan / ton, down 38.6 or 4.39% compared with the previous trading day. The trading volume was 3946 hands, the position was 6946 hands and the daily position was reduced by 1235 hands.

In 2022, affected by many factors, the international energy supply situation is more severe and complex, the energy price is rising and reaching new highs, and the domestic coal consumption is growing rapidly, forming a new challenge to maintaining the supply and price of coal.

The national development and Reform Commission has established the basic national conditions of giving priority to coal, and recently held several special meetings on the inter ministerial coordination mechanism for the guarantee of coal, electricity, oil and gas transportation. Focusing on the work of stabilizing and increasing coal production, the national development and Reform Commission has studied the extension of supply guarantee policies and other relevant measures with relevant member units and relevant regions. At the same time, it has further sorted out the coal mines with potential to increase production and explored the introduction of new policies and measures to increase production and guarantee supply.

In the next step, the national development and Reform Commission will work with relevant departments, major coal producing areas and key enterprises to continue to strengthen work, improve the coal production, supply, storage and marketing system from the aspects of promoting formalities handling and strengthening emergency reserves, further release high-quality coal production capacity, strengthen coal mine production scheduling, and strive to stabilize the national daily coal output at more than 12 million tons to ensure reasonable production capacity Sufficient output, smooth transportation and sales, and safe supply.

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