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WEEKLY: China's thermal coal prices edge up as supply tightens modestly

Source: Mysteel Feb 02, 2026 17:35
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Thermal Coal Price
China's thermal coal market edged higher over the past week (January 26-30), supported by a mild contraction in spot supply from producing regions, although the upside remained constrained by easing power demand and ample downstream inventories.
In the main producing regions, most state-owned mines maintained normal production, while a number of private producers curtailed operations or halted production for the Chinese New Year (CNY) holiday over February 15-23. Additional output cut was heard at some mines since they've met monthly production targets toward end of

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