Coal prices in Inner Mongolia have risen slightly in recent years

The reporter learned from the price monitoring center of Inner Mongolia autonomous region that since December 2019, the settlement price of power coal mine mouth and the purchase price of electric coal in Inner Mongolia have increased slightly. With the approaching of the Spring Festival, coal enterprises just need to strengthen the replenishment before the festival, and it is expected that coal prices will continue to rise slightly in the near future. Data shows that in December 2019, the average settlement price of power coal in Inner Mongolia was 212.20 CNY/ton, up 1.14% month on month and 0.95% year on year. Among them, the average mine mouth settlement price of lignite in the eastern region is 192.92 CNY/ton, up 3.69% month on month, up 10.37% year on year. In the same period, the average purchase price of electric coal in the whole region was 213.81 CNY/ton, up 3.40% on a month on month basis; after being converted into standard coal (7000 kcal), the average value was 423.43 CNY/ton, up 3.15% on a month on month basis. Industry analysts said that in the near future, the temperature in the North has dropped significantly, and the heating demand has further increased, driving the coal price in Inner Mongolia to pick up slightly. With the coming of the Spring Festival, the capacity of coal enterprises is limited, and the replenishment of coal enterprises before the festival just needs to be strengthened. It is expected that the coal price will rise slightly in the near future.