WEEKLY: China's thermal coal market holds steady as buying interest retreats

Source: Mysteel May 22, 2026 16:10

China's spot thermal coal market was locked in a stalemate over the week of May 18-22, with prices unchanged for a second week after a brisk rally extending from late April to early May.

As of May 21, Mysteel assessed the benchmark 5,500 kcal/kg NAR thermal coal at Yuan 835/tonne ($122.8/t) FOB northern ports with VAT, unchanged since May 11. Spot trading activity at northern ports remained sluggish throughout the week. On the supply side, traders largely held firm on offers, supported by rising

Price Curve

Daily Prices

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

May 22, 2026 17:42
Thermal coal prices (Q5500) : China's major cities

May 22, 2026 17:42
Domestic thermal coal portside prices: Guangzhou port

May 22, 2026 17:40
Thermal coal portside prices: Jingtang port

May 22, 2026 17:34
Thermal coal portside prices: Qinhuangdao port

May 22, 2026 17:33

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