Coal plate shock weakens Yanzhou Mining Energy plunges by more than 8%

[coal plate shock weakening Yanzhou Mining Energy fell more than 8%] May 31, the coal plate shock weakened, Yanzhou Mining Energy fell more than 8%, Huayang shares, Ping Coal shares, Shan Coal International, Shaanxi Coal Industry, China Shenhua and so on fell more than 3%. On the face of the news, as of May 26, the market price of thermal coal in Qinhuangdao Port was 870 yuan / ton, down 95 yuan / ton from the previous week. In addition, Dashang coking coal futures fell as low as 1195 yuan / ton in the main contract, setting a new low since July 2020.