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DAILY: China's thermal coal market stays flat amid pricing standoff

Source: Mysteel May 19, 2026 11:35
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Thermal Coal Price
China's thermal coal market at northern ports remained broadly stable on May 18, with prices steady at elevated levels as expectations of a demand recovery later this month encourages sellers to keep offers firm, even though trading activity remained subdued.
On Monday, Mysteel assessed 5,500 kcal/kg, 5,000 kcal/kg, and 4,500 kcal/kg NAR thermal coal at Yuan 835/tonne ($122.8/t), Yuan 748/t, and Yuan 651/t, respectively, FOB northern ports with VAT, all unchanged for six consecutive trading sessions. The benchmark 5,500 kcal/kg NAR grade was 21% higher from the beginning of

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