In order to make the coal market return to rationality as soon as possible, the National Development and Reform Commission conducted a special investigation on coal price and cost.

CCTV News:In order to further strengthen the joint supervision of the spot market in the coal period, reduce the excessive coal price to a reasonable level as soon as possible, and make the coal market return to rationality, recently, the price department of the National Development and Reform Commission, on the basis of organizing local cost surveys of coal production and circulation enterprises, together with the price cost survey center, formed a number of investigation teams to conduct on-the-spot investigations on key coal production enterprises and circulation enterprises in relevant provinces, providing a basis for determining the reasonable range of coal prices and stopping coal enterprises from profiteering.

The investigation team will conduct a comprehensive investigation on the production cost, profit, output, inventory and price of coal production enterprises according to law, and conduct in-depth verification on the purchase and sale price, circulation cost, profit and inventory of circulation enterprises. The National Development and Reform Commission, together with relevant departments, will severely crack down on illegal acts found in the investigation, such as price gouging, hoarding, colluding to manipulate market prices, fabricating and spreading price increase information, etc.