Government Interventions On Coal Price
Oct 20, 2021
Recently, coal prices have risen rapidly, hitting record highs in succession, greatly pushing up production costs in downstream industries, and adversely affecting power supply and winter heating, and all aspects of society have responded strongly. The National Development and Reform Commission stated that coal is an important basic energy source and is closely related to the national economy and people's livelihood. The current price increase has completely deviated from the fundamentals of supply and demand, and the heating season is approaching, and the price is still showing a further irrational upward trend. The National Development and Reform Commission will make full use of all necessary means prescribed by the price law to study specific measures to intervene in coal prices, promote the return of coal prices to a reasonable range, promote the return of the coal market to rationality, ensure a safe and stable supply of energy, and ensure that the people will survive the winter warmly.





