DAILY: China's thermal coal rally pauses on policy intervention expectations

Source: Mysteel May 13, 2026 11:20

China's domestic thermal coal rally stalled on May 12, ending a roughly two-week run, as buying momentum that had built since late April faded amid reports that authorities may step in to cool the overheated market.

On Tuesday, Mysteel assessed 5,500 kcal/kg NAR thermal coal at Yuan 835/tonne ($122.9/t) FOB northern ports with VAT, unchanged from the previous day and ending a continuous uptrend since early April. The 5,000 kcal/kg and 4,500 kcal/kg NAR grades also stabilized at Yuan 748/t and Yuan 651/t, respectively. Spot market

Price Curve

Daily Prices

Thermal coal prices (Q5500) : China's major cities

May 13, 2026 18:27
Thermal coal prices (Q5500) : China's major cities

May 13, 2026 18:27
Thermal coal portside prices: Caofeidian port

May 13, 2026 18:25
Thermal coal portside prices: Qinhuangdao port

May 13, 2026 17:36
Thermal coal portside prices: Jingtang port

May 13, 2026 17:33

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