WEEKLY: China's thermal coal rally stalls as buying dries up

Source: Mysteel Jan 19, 2026 15:20

China's spot thermal coal prices retreated last week (January 12-16), snapping a half-month rally as periodic restocking tapered off, which was in line with previous market expectations among many participants.

As of Friday, Mysteel assessed the 5,500 kcal/kg NAR thermal coal at Yuan 704/tonne ($101/t) FOB northern ports with VAT, down Yuan 2/t on day, marking the first decline since December 30. On a weekly basis, however, the price was still Yuan 2/t higher due to gains earlier in

Price Curve

Daily Prices

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

Jan 19, 2026 17:46
Thermal coal prices (Q5500) : China's major cities

Jan 19, 2026 17:44
Thermal coal portside prices: Caofeidian port

Jan 19, 2026 17:41
Thermal coal portside prices: Tianjin port

Jan 19, 2026 17:40
Thermal coal portside prices: Qinhuangdao port

Jan 19, 2026 17:32

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