Prices in Coal Sectors Fluctuate Upward, with Shanxi Coking Coal Energy Group Climbing by more than 6%

SHANGHAI, Feb 17 (SMM) - Shares of Shanxi Coking Coal Energy Group and Pingdingshan Tianan Coal Mining rose more than 6%, followed by Shanxi Coal International Energy Group, Shanxi Lu’an Environmental EnergyDev., Yankuang Energy Group, Anhui Hengyuan Coal Industry and Electricity Power, Lanhua Technology, and Jinneng Holding Shanxi Coal Industry. Zhongtai Securities Research Report pointed out that under the background of increasing production and ensuring supply, the medium and long-term contract system is increasingly strengthened, the structural mismatch between supply and demand is more prominent, and the increase in coal price fluctuations has become the new norm, but the problem of weak supply in the industry has not been alleviated. The coal price outlook is still bullish.