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The National Development and Reform Commission solicits opinions on the signing of the coal long-term association in 2022. The benchmark price may be raised to 700 yuan / ton, and the coal sector will rise.

The National Development and Reform Commission solicits opinions on the signing of the coal long-term association in 2022. The benchmark price may be raised to 700 yuan / ton, and the coal sector will rise.

(Summary description)The National Coal Trade Fair held on December 3 announced the draft for the implementation of the 2022 coal long-term contract signing and performance plan. The draft was formulated by the National Development and Reform Commission, which clarified that the scope of signing the long-term coal agreement in 2022 will be further expanded, and coal production enterprises with an approved capacity of 300,000 tons and above will be included in the scope of signing in principle; on the demand side, power generation and heating enterprises are required to 100% of coal consumption except imported coal has signed a long-term agreement.

The National Development and Reform Commission solicits opinions on the signing of the coal long-term association in 2022. The benchmark price may be raised to 700 yuan / ton, and the coal sector will rise.

(Summary description)The National Coal Trade Fair held on December 3 announced the draft for the implementation of the 2022 coal long-term contract signing and performance plan. The draft was formulated by the National Development and Reform Commission, which clarified that the scope of signing the long-term coal agreement in 2022 will be further expanded, and coal production enterprises with an approved capacity of 300,000 tons and above will be included in the scope of signing in principle; on the demand side, power generation and heating enterprises are required to 100% of coal consumption except imported coal has signed a long-term agreement.

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