June 12 (NBD) -- Shaanxi Coal Industry Co Ltd (601225.SH) said on Monday that the National Development and Reform Commission (NDRC)'s decision to crack down on irrationally rising coal prices at ports will have limited impact on the company thanks to the stable pithead coal price this year. 

Pithead sales account for about 70 percent of the company's total sales. The pithead price is determined by supply and demand and hasn't been affected by the wild fluctuations of coal prices at ports.

According the NDRC, the new move aims to ensure long-term coal supply as well as market stability by preventing illegal speculations. 

Email: zhanglingxiao@nbd.com.cn