Data from the National Bureau of Statistics indicates that the decline in raw coal production has narrowed. In September, raw coal output from large-scale industrial enterprises reached 410 million tons, marking a year-on-year decrease of 1.8%. This represents a narrowing of the decline by 1.4 percentage points compared to August, with an average daily output of 13.72 million tons. From January to September, raw coal output from large-scale industrial enterprises totaled 3.57 billion tons, reflecting a year-on-year increase of 2.0%.
As an integrated internet platform providing benchmark prices, on October 20, SunSirs' thermal coal benchmark price stood at 755.00 RMB per ton, up 5.59% from the beginning of the month (715.00 RMB per ton).
Application of SunSirs Benchmark Pricing:
Traders can price spot and contract transactions based on the pricing principle of agreed markup and pricing formula (Transaction price=SunSirs price + Markup).
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