Raw coal. The average closing price of Shanxi high-quality coal in Qinhuangdao coal trading market was 7 14.2 yuan/ton, up 53.6% year-on-year. The growth rate of 65438+ 10 and February is relatively fast, and it is relatively flat in March and April. It continued to grow rapidly in May, June and July, and began to decline in August. The decline of 65438+ 10 accelerated, and it fell to 54 1.3 yuan/ton in February, which was 42.7% lower than the highest price of 944.2 yuan/ton in July. The freezing rain and snow disaster in the south in the first quarter, the Wenchuan earthquake in Sichuan and the lack of transportation capacity were the main reasons for the increase in coal prices in the first half of 2008, while the price decline in the second half of 2008 was mainly due to the temporary oversupply caused by the decrease in demand for coal and electricity, and the slow recovery of coal prices after the middle of February was stimulated by the increase in heating coal in winter.

Figure 4 1 Price Trend of Domestic High-quality Coal

Crude oil. The average domestic crude oil price was 90.9 USD/barrel, up 39.3% year-on-year. The spot price of crude oil in Daqing Oilfield rose from $92.8/barrel in June 5438+1October to $37.2/barrel in July, and fell rapidly from August to $39.8/barrel in February 65438+February, with a decrease of 7 1.0%, falling back to 2000.

Figure 42 Crude oil price trend at home and abroad

65438+February fell to 4 1.4 USD/barrel, with a drop of 70%, falling back to the price level in August 2004. On July 3rd, WTI crude oil futures price once reached 145.3 USD/barrel; On July 4th, the spot price of Daqing crude oil was as high as 143.77 USD/barrel. International hot money speculation, geopolitical crisis, continued weakness of the US dollar and frequent natural disasters are the main factors supporting the rise of oil prices from 1 to July. The main reasons for the sharp drop in crude oil prices since August are the continuous decline in the exchange rate of the US dollar, Saudi Arabia's reluctance to increase production, Lehman Brothers' filing for bankruptcy and the arrival of the world financial crisis.