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What does the pit price mean?
Pit price refers to the price of transactions in the pit, and usually does not include fees other than coal price, such as agency fees, platform fees, loading fees, household borrowing fees, energy funds, etc. The published pithead price is the price that buyers and sellers trade in the pithead, which is generally the bare price.

Pit price, also known as ex-factory price and ore price, generally includes coal sustainable development fund, mine conversion development fund extraction and mine environment restoration and management fund.

In coal trading, in addition to the pit price, there are car board price (that is, the price of loading on fire), closing price (that is, the price after loading) and site price (that is, the price of on-site delivery of stacking).

Generally, the carriage price includes all expenses except train freight, such as pit price, tax, car freight, railway planning fee, etc. And the venue price generally does not include tax.