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DAILY: China's thermal coal market shows signs of stabilizing

Source: Mysteel Mar 17, 2026 11:15
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Thermal Coal Price
The ongoing downside of Chinese thermal coal prices at northern transshipment ports moderated on March 16, as some restocking needs emerged among non-power end-users. But the market was still under pressure as demand from power utilities remained sluggish and port inventories continued to build, Mysteel observed.
On Monday, Mysteel assessed 5,500 kcal/kg NAR coal at Yuan 735/tonne () FOB northern ports with VAT, down Yuan 1/t from last Friday, while 5,000 kcal/kg and 4,500 kcal/kg NAR grades fell by Yuan 2/t each to Yuan 651/t and Yuan 559/t, respectively. The daily price decline has narrowed

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