Conch Cement: It is expected that the domestic coal supply and demand relationship will be significantly improved this year

Recently, some investors asked Conch Cement : Will the cost of coal prices show a downward trend in 2023?

In this regard, Conch Cement said: With the steady release of domestic coal production capacity, the expected improvement of import channels and the weak growth of downstream consumption demand, it is expected that the domestic coal supply and demand relationship will be significantly improved this year. Under the dual guidance of policy and market, coal prices will gradually return to a reasonable range. At the same time, thanks to the continuous improvement of social coal storage capacity and coal storage facilities, the marginal effect of uncertainties such as emergencies, epidemics and extreme weather on supply and demand is weakening, and it is expected that the fluctuation range of coal price will be narrowed in 2023.