According to China's National Bureau of Statistics, in October, raw coal production by large-scale industrial enterprises remained at a high level, crude oil and natural gas production grew steadily, and electricity production growth accelerated significantly.

Raw coal production remained at a relatively high level. In October, industrial raw coal output above designated size reached 410 million tons, down 2.3% year-on-year, marking the fourth consecutive month of year-on-year decline. From January to October, industrial raw coal output above designated size totaled 3.97 billion tons, up 1.5% year-on-year, with the growth rate continuing to narrow.

As an integrated internet platform providing benchmark prices, on November 18, the benchmark price of thermal coal on SunSirs was 825.00 RMB/ton, an increase of 1.85% compared with the beginning of the month (810.00 RMB/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).