DAILY: China's thermal coal market stays flat, buying stalls

The Chinese thermal coal market remained flat on February 8, with trading activities slowing further as market players prepare for the Chinese New Year holiday that begins on February 10.

Except for some state-run coal mines that are expected to remain in operation during the festive period, most private coal mines have started their holidays in advance, Mysteel Global learned from sources. On Thursday, the mines that were still operating experienced quite weak sales of their thermal coal cargoes. This