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MYSTEEL: China's coking coal market to see mild recovery in 2026

Source: Mysteel Jan 22, 2026 15:55
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Coking Coal Demand Price Supply
The Chinese coking coal market is expected to undergo a new phase of rebalancing in 2026, shaped by both supportive and restrictive policy impacts. While these mixed forces are anticipated to drive up coking coal prices, a persistent uptrend is unlikely to be seen this year due to persistent capacity surplus of the feed coal and uncertainty in downstream demand, Mysteel's latest annual report of the commodity predicts.
According to Mysteel's estimates, the price anchor of the leading brand Anze low-sulfur primary coking coal extracted in North China's Shanxi province may stand between Yuan 1,400-1,450/tonne ($201-208/t) EXW with VAT this year, marking a mild rise of around 2% on year. The highest level for the grade could

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