Prices and futures of black commodities surge

On July 22, the stock market closed with the Shenwan Hongyuan Coal Index soaring by 6.18%. Coal listed companies such as Shanxi Coking Coal, HAOHUA ENERGY, Shanmei International, Lu'an EED, hbky, and JHSCIC all saw their stock prices hit the daily limit. In the futures market, the main contracts for coking coal and coke both closed at the daily limit, with an increase of 7.98%. Shanghai Securities Journal has learned from multiple sources that the National Energy Administration plans to organize a verification of coal mine production conditions in key coal-producing provinces in the near future. Senior coal industry researchers believe that, according to the relevant spirit of the verification notice, coal and other resource products may welcome a turning point