DAILY: China's thermal coal prices edge lower, led by producing hubs

China's thermal coal market extended its downward trend on April 1, with prices continuing to edge lower under seasonal demand weakness, although tightening supply and firm import costs are expected to limit further declines, market sources said.javascript:void(0);

At northern ports, Mysteel assessed 5,500 kcal/kg NAR at Yuan 759/tonne ($110.3/t) FOB with VAT, down Yuan 1/t from a day ago, while 5,000 kcal/kg and 4,500 kcal/kg NAR grades fell Yuan 2/t each to Yuan 678/t and Yuan 590/t, respectively. Offer prices, however, generally held steady across key grades