WEEKLY: China's thermal coal market levels off on slowed sales

Source: Mysteel Sep 29, 2024 14:15

China's spot thermal coal prices at northern transshipment ports stabilized during the week of September 23-27, marking a pause of a two-week rally totalling Yuan 30-40/t, Mysteel observed.

As of September 27, Mysteel assessed prices of 5,500 kcal/kg and 5,000 kcal/kg NAR grades at Yuan 870/tonne ($124/t) and Yuan 775/t, respectively, flat from a week earlier, while the assessment for 4,500 kcal/kg NAR grade rose by a small Yuan 5/t on week to Yuan 685/t, all on