Seven large coal groups propose to stabilize coal prices.

News 2021-01-06

Dated on 1st of January 2021,National Energy Group, China Carbon Energy Group, Jinneng Holding Group, Shandong Energy Group Co., Ltd., Shaanxi Coal and Chemical Industry Group Co., Ltd., Shanxi Coking Coal Group Co., Ltd., and Inner Mongolia Yitai Group Co., Ltd. jointly issued the “Safety, Guarantee Supply, stabilize coal prices” joint proposal.
The proposal puts forward that in the recent period, due to the dual effects of the high-speed growth of domestic industrial production and the superimposed effect of the low temperature and cold current in winter, the demand for coal consumption during the peak period of traditional coal consumption has increased more than expected. Specifically, seven large coal groups put forward a total of five initiatives:

1.In the anticipation of ensuring safe production, increase resource protection
2.Guarantee the supply quality .
3.Stabilizing the coal price .
4.Increasing the market coal supplying .
5.Prepare emergency plan for coal supply .