China Coal Transportation and Distribution Association: In early July, key monitored enterprises saw a slight decrease in coal supply, and the process of coal enterprises destocking accelerated.

According to the Zhongtong Financial APP, today, the China Coal Transportation and Marketing Association released a bi-weekly report on the coal market dispatch. In early July, due to the frequent impact of rainy weather, the supply of coal from key monitoring enterprises decreased slightly, and the destocking process of coal enterprises accelerated. Downstream users continued to be cautious in their purchases, mainly focusing on rigid demand and long-term coal procurement. As a result, both coal production and sales have shown varying degrees of decline.