Coal prices in Luoyang City Henan Province rose month-on-month in the first week of July

According to the data from the monitoring system of important means of production in Luoyang City, a unified platform of the Ministry of Commerce's business system, this week (July 1-July 7), the average retail price of coal (bituminous coal) in Luoyang City was 645 yuan/ton, a month-on-month increase. rose 0.4%. Coal prices in Luoyang fluctuated slightly this week. With the recent increase in high temperature weather, the daily consumption of power plants has rebounded, the willingness of downstream terminals to inquire and purchase has increased, and the coal market has improved. However, with the deepening of the rainfall process in the south, hydropower output is expected to increase; superimposed imports and long-term coal supply are sufficient, terminal purchases are insufficient, and the rebound in coal prices is limited.