DAILY: China's thermal coal stabilizes as market nears a weak balance

Source: Mysteel Jan 26, 2026 10:40

China's spot thermal coal market stabilized on January 23, snapping a week-long decline, as both supply and demand showed signs of softening ahead of the Chinese New Year holiday, sources said.

On Friday, Mysteel assessed 5,500 kcal/kg, 5,000 kcal/kg and 4,500 kcal/kg NAR thermal coal at Yuan 693/tonne ($99.6/t), Yuan 606/t and Yuan 515/t, respectively, FOB northern ports with VAT, all unchanged from a day earlier. This ended a continuous slide since January 15, clipping a total Yuan 11/t for

Price Curve

Daily Prices

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

Jan 26, 2026 17:54
Thermal coal prices (Q5500) : China's major cities

Jan 26, 2026 17:35
Domestic thermal coal portside prices: Guangzhou port

Jan 26, 2026 17:33
Thermal coal portside prices: Qinhuangdao port

Jan 26, 2026 17:32
Thermal coal portside prices: Tianjin port

Jan 26, 2026 17:31

Mysteel Global WhatsApp business account

Customer Service: globalsales@mysteel.com