The national development and Reform Commission recently held a series of enterprise and expert symposiums to study and improve the coal market price formation mechanism. Analysts pointed out that under the action of a series of policies to ensure supply and stabilize prices and a long-term regulation mechanism of coal prices, coal prices will gradually return to a reasonable range. "In the case of market failure and abnormal rise in coal prices, the State takes comprehensive measures to strengthen regulation and supervision and guide coal prices to return to a reasonable range, which is a full embodiment of the organic combination of effective market and promising government." recently, the price department of the national development and Reform Commission went to Huaneng Group to carry out special research and hold a symposium on coal and power enterprises. The participating enterprises proposed that from the law of market operation for many years, there is an objective and reasonable range of coal price. When the coal price operates within a reasonable range, the coal production, circulation and consumption can remain basically stable, and the upstream and downstream industries of coal and electricity can achieve better coordinated development. At present, it is timely to improve the coal market price formation mechanism. I hope relevant opinions will be issued as soon as possible, and put forward specific suggestions on the reasonable range of coal extraction price in key production areas and water coal price in ports. On November 24, the price department of the national development and Reform Commission held a symposium to invite economic and legal experts to study issues related to further improving the coal market price formation mechanism. Participating experts believe that coal is an important commodity related to the national economy and the people's livelihood. Giving full play to the decisive role of the market in resource allocation, giving better play to the role of the government, and establishing a coal price range regulation mechanism is of great significance to ensure energy security and maintain the stable operation of the national economy. From China's practice, the coal industry is highly concentrated, and the supply and demand mainly depend on the domestic market. On the basis of insisting that the coal price is formed by the market, we should comprehensively use economic and legal means to regulate the coal price and correct the market failure in time, which is not only in line with the internal law of the operation of the market economy, but also practical and operable, It can better realize the organic combination of effective market and promising government. Participating experts suggested that we should speed up the establishment of a long-term mechanism for coal price range regulation, guide coal prices to operate within a reasonable range, make coal prices truly reflect the fundamentals of market supply and demand, and prevent prices from rising and falling. When the coal price exceeds the upper limit of the reasonable range, the price intervention measures can be started in time according to the procedures in accordance with the relevant provisions of the price law; When the coal price falls excessively beyond the lower limit of the reasonable range, appropriate measures can be taken to guide the reasonable recovery of coal price. Improve the market-oriented formation mechanism of coal and electricity prices, encourage coal enterprises and coal-fired power generation enterprises to carry out medium and long-term transactions within a reasonable range, and encourage coal-fired power generation enterprises and power users to clarify the linkage mechanism between coal and electricity prices in medium and long-term transaction contracts. The national development and Reform Commission said it would further listen to the opinions and suggestions of all parties, study and improve the coal market price formation mechanism, comprehensively take market-oriented and legal measures, guide the coal price to return to a reasonable range and keep it operating within a reasonable range, and take timely measures to regulate and control once it exceeds a reasonable range, so as to promote the coordinated and high-quality development of upstream and downstream industries, Better ensure energy security and stable supply. (outlook new era)
Edit：Ming Wu Responsible editor：Haoxuan Qi
Source：jjckb.cn
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