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DAILY: China's thermal coal market enters holiday lull

Source: Mysteel Feb 04, 2026 10:25
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Thermal Coal Price
China's thermal coal market remained largely stable on February 3, as both supply and demand softened with the Chinese New Year holiday less than two weeks away, sources noted.
Following a weeklong moderate rise, the market stabilized yesterday. Mysteel assessed the 5,500 kcal/kg, 5,000 kcal/kg, and 4,500 kcal/kg NAR thermal coal prices at Yuan 700/tonne ($100.9/t), Yuan 615/t, and Yuan 526/t, respectively, all unchanged from a day ago. This has snapped a consecutive rise from January 23, when

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