National Development and Reform Commission: the medium and long-term contract prices of all kinds of coal should be within a reasonable range
According to the news from the national development and Reform Commission on May 11, the national development and Reform Commission issued an article entitled "the medium and long-term contract prices of all kinds of coal should be within a reasonable range - the second series of interpretation of coal price regulation and supervision policies". It is pointed out that both the coal supplier and the buyer can determine the specific price level in a variety of ways within the reasonable range of coal medium and long-term transaction prices specified in relevant national and local documents. However, whether the specific price level is determined by means of "fixed price in ten days", "fixed price in one month", "fixed price in one year", or "benchmark price plus floating price", the actual transaction price of medium and long-term coal contract shall be within a reasonable range.
This text is a result of machine translation.
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