SunSirs: Coal Prices in Luoyang Decreased Month on Month in the First Week of October
October 26 2023 10:44:26According to the data from the important production materials monitoring system of Luoyang City on the unified platform of the business system of the Ministry of Commerce, the average retail price of coal (bituminous coal) in Luoyang City was 680 RMB/ton in the first week of October (September 30-October 6), a decrease of 0.4% month on month. Last week, coal prices in Henan City slightly decreased. During the Mid Autumn Festival and National Day holidays, the pace of replenishment on the demand side slowed down, and downstream enterprises maintained a wait-and-see attitude, resulting in a slight decrease in coal prices. In the later stage, it is expected that coal prices may rise due to the expected peak season of gold, silver, and ten consumption, as well as the boost from the winter reserve coal node.
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