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DAILY: China's thermal coal prices soften as supply strengthens

Source: Mysteel Mar 05, 2026 11:05
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Thermal Coal Price
On March 4, China's portside thermal coal prices slipped for the first time since late January, as the recovering supply pushed the market back toward a balance, driving traders to trim offers to accelerate profit-taking.
On Wednesday, Mysteel assessed 5,500 kcal/kg NAR thermal coal at Yuan 750/tonne ($108.9/t) FOB northern ports with VAT, down Yuan 1/t from a day earlier. The price for the 5,000 kcal/kg NAR grade also fell Yuan 1/t to Yuan 673/t, while the 4,500 kcal/kg NAR grade dropped Yuan 2/t

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