The average price of the latest Bohai Sea thermal coal price index before the “May 1st†holiday announced by the shipping coal network was 808 yuan/ton, up 9 yuan/ton from the previous month. This price has set a new high in coal prices in the domestic market for two and a half years. Since the end of last year, coal prices have been rising slowly. At the end of March this year, especially since entering April, the increase in coal prices has shown an acceleration. The data shows that before April, the index rose by about 4 yuan per ton a week, while in the last three periods, the rate of increase reached 8 yuan, 15 yuan, 9 yuan per ton. In October last year, the index was officially released by the Development and Reform Commission, and the coal price of ports in Qinhuangdao and Caofeidian in the north was integrated to reflect the overall domestic coal price situation. At the same time as the coal price rose, this was the low season of consumer demand in April, but the supply of coal was in a tense situation. Since April, Zhejiang, Chongqing, Hubei and other places have encountered an "electricity shortage" in advance even before the summer. In July 2008, the coal price in the Qinhuangdao market had set a historical record of more than 1,000 yuan per ton. At that time, the National Development and Reform Commission issued a coal price limit order twice. It is reported that the National Development and Reform Commission recently also talked about several key coal enterprises, requiring these coal enterprises to maintain the stability of the market coal price in addition to the key coal supply according to the contract and the guarantee of the redemption rate.
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