DAILY: Heavy rainfall dampens China's spot thermal coal demand

Source: Mysteel May 22, 2026 10:55

South and Southwest China are in the midst of a broad spell of heavy rainfall, a development that is not only boosting hydropower output but also cooling temperatures and dampening electricity demand.

This has translated into marginally lower coal burn at coal-fired power plants in South China, enabling them to push back spot purchases even further despite that the traditional summer peak season approaches. According to the China Meteorological Administration, heavy rainfall is forecast from May 20 to 29 for regions along

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