
Recently, the Price Monitoring Center of Xuzhou Municipal Price Bureau released the total price level of coal and other bulk industrial products and industrial production materials in the first half of the year, among which the price of coal fell significantly, and in June even dropped by more than 20% year-on-year. Xuzhou City is a major coal-producing base in Jiangsu Province, producing about 16 million tons of coal each year. The price of 5000 kcal of coal blended in the city was 600 yuan/ton, and the price dropped to 500 yuan/ton at the end of June. The cumulative decline in the six months was 16.67%, and the year-on-year decline was 23.08% in June.