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Huafu Securities: As the price in the production area rises rapidly first, the trend of coal prices stabilizing becomes more apparent.
After the holiday, coal mines are accelerating production recovery, the supply is increasing rapidly, while the heating demand is gradually declining and the recovery progress in non-electric sectors is generally slow. With inventories accumulating, coal prices are continuously adjusting downwards. However, as prices in production areas quickly rise first, the trend of coal price stabilization is becoming clearer.
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