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DAILY: China's thermal coal prices soften further despite cold weather

Source: Mysteel Jan 23, 2026 11:10
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Thermal Coal Price
Spot thermal coal prices at China's northern ports extended their downturn on January 22, with no emerging signs for a rebound despite wintry weather, sources said.
On Thursday, Mysteel assessed the 5,500 kcal/kg NAR thermal coal at Yuan 693/tonne ($99.5/t), FOB northern ports with VAT, down Yuan 1/t on day. Since the market started to slide on January 15, the accumulated decline has reached Yuan 13/t. The 5,000 kcal/kg NAR grade slipped Yuan 2/t to

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