DAILY: China's thermal coal falls further, but stabilizing signals emerge

Source: Mysteel Dec 18, 2025 11:25

China's domestic thermal coal prices extended their sharp decline on December 17 amid persistently weak demand, but several supportive factors emerged, which may help slow the pace of the downturn.

On Wednesday, Mysteel's assessment for the benchmark 5,500 kcal/kg NAR thermal coal lost another Yuan 9/tonne ($1.3/t) on day to reach Yuan 732/t, sending cumulative drops to Yuan 98/t during a nearly one-month downturn. Assessments for the 5,000 kcal/kg and 4,500 kcal/kg NAR grades each slipped Yuan 7/t to

Price Curve

Daily Prices

Thermal coal prices (Q5500) : China's major cities

Dec 18, 2025 17:39
Thermal coal prices (Q5500) : China's major cities

Dec 18, 2025 17:37
Thermal coal portside prices: Qinhuangdao port

Dec 18, 2025 17:36
Thermal coal portside prices: Jingtang port

Dec 18, 2025 17:35
Domestic thermal coal portside prices: Guangzhou port

Dec 18, 2025 17:33

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