Black Friday price cuts will be extended to coal sales in Poland this year, Poland’s largest mining company announced Monday in a press release posted on X (formerly Twitter).
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The PGG group (Polish mining group) offers a discount of 200 zlotys (about 45.90 euros), or 15% to 18%, per ton of coal bought online, during this commercial operation called “Black Weeks” which started on monday
As Poland experienced its first snowfall this weekend and coal prices tend to rise at this time of year, the company announced its second significant price cut in a week, after last Monday decreed a down 200 zlotys per ton.
These repeated sales demonstrate the difficult situation in which Polish coal companies find themselves, which built up large inventories last year, before facing sluggish demand this year.
Around 20% of Poles were still heating with coal in 2021, compared to 36% in 2018, according to the National Statistics Office GUS.
This significant drop can be explained above all by the massive State subsidies intended to replace coal stoves, the main cause of poor air quality, with less polluting alternatives.