The price of coal contract in the province has fallen in this year

Yanzhou Coal (600188) 18th announced that the company has signed the 2011 annual Sales contract of electricity coal 8.995 million tons, compared to the province of 2010 electric coal Sales Contract reduction of 1.015 million tons or 10.1%; the average tax-included base price is 571.29 yuan/ton,　　than the 2010 provincial electricity sales contract agreed to the average tax-bearing base price, decreased by 6.97 yuan/ton or 1.2%.　　Among them, the signing of the 2011 National Key Electric Coal sales contract 4.29 million tons, and the 2010 National Key Coal contract volume flat, the average tax-bearing base price of 503.86 yuan/ton, with the 2010 National key electricity coal Sales contract agreed to the average tax-bearing benchmark price flat.　　Signed 2011 provincial replenishment of the key electricity coal sales contract 3.63 million tons, than the 2010 provincial replenishment of the key electricity coal contract, an increase of 180,000 tons or 5.2%, the average tax-bearing base price of 630.63 yuan/ton, with the 2010 provincial replenishment of the key electricity coal sales contract agreed to the average tax-bearing benchmark price level. The signing of the 2011 annual additional electricity sales contract 1.075 million tons, compared to 2010, the amount of additional electricity coal contract, reduced by 1.195 million tons or 52.6%, the average tax-bearing base price of 640 yuan/ton, with the 2010 additional electricity coal Sales contract agreed with the average tax base price flat.