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Coal traders expect late last month the NDRC's move coal prices shot limit, and no change in the commodity price trends, the recent coal price will continue to rise, the size could be bigger.
July 6, 2010, held in Dalian in Northeast Asia Trade Fair on the summer of coal, Kailuan Group Vice President Li Min told this newspaper, Development and Reform Commission restrictions on coal, the main focus of national plans to ensure the annual contract prices for coal, the price and the market price has a difference of more than 100 yuan, will result in continued upward pressure on the market.
Li Min said that the annual contract price for it, should be treated differently. Part number is entered into a supplier, also agreed on a price, and this one if the price changes should be management and control. But another part is simply the number agreed on supply and prices without consultation, should own up negotiations on the basis of consultations. "In fact, even if the former, there is the provision of price range, not without the possibility of price fluctuations."
"Development and Reform Commission promulgated the policy itself is wrong, since it has been to market direction, now began to suppress the increase is not justified." A meeting of coal trader said.
Kang Ji-min, vice president of Coal Industry Association, told this newspaper that at the fair site, and now can not come to judge the price of coal is up is down, but the next step in the upcoming summer peak is expected coal price trend and macroeconomic trends and the power consumption is the same of.
June 25, Development and Reform Commission has issued a document required to maintain the major coal enterprises in coal price stability, the specific requirements of one year contract can not change the price of coal has been rising prices of coal enterprises to the end of June before the return; two state-owned coal enterprises, industry leading enterprises should take the lead in maintaining the basic stability of the market price of coal, can not take the lead in price increases.
Development and Reform Commission said that if the coal enterprises do not listen to exhort, arbitrarily raising the contract coal prices, the NDRC will be the "Price Act" be investigated and dealt with the relevant provisions.
Development and Reform Commission to participate in this trade fair related Economic Operations Bureau officials declined to comment on the newspaper. (Xiangdong)
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