DAILY: China's thermal coal market stablizes after declines

China's thermal coal market leveled off during the country's Qingming Festival over April 4-6, following short-lived corrections last week, as emerging demand supported pithead prices and helped stabilize rates at ports, sources noted.

In major producing regions, the market showed relatively active pricing adjustments with a firm undertone. Coal mines across key hubs of Shaanxi and Inner Mongolia frequently updated their prices during the holiday, reflecting active trading sentiment. Demand for lump coal and slack coal grew strong, driving price increases of