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DAILY: China's thermal coal extends gains, upside slows

Source: Mysteel Mar 27, 2026 10:50
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Thermal Coal Price
China's thermal coal market edged higher on March 26, though weakening demand and thinning liquidity suggested the upward momentum was beginning to fade.
Mysteel assessed 5,500 kcal/kg NAR thermal coal at Yuan 759/tonne ($109.8/t) FOB northern ports with VAT, up Yuan 4/t on day. The 5,000 kcal/kg and 4,500 kcal/kg NAR grades also increased Yuan 5/t each to Yuan 679/t and Yuan 591/t, respectively.   Spot quotations remained firm at high levels. Offers for

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