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DAILY: China's thermal coal market holds steady amid thin port demand

Source: Mysteel Jun 11, 2026 10:50
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Thermal Coal Price
China's portside thermal coal market held broadly steady for a third consecutive session on June 10, with thin spot demand capping any upside while firm cost support at ports prevented price cuts.
Cost-price inversion remained widespread across northern ports, anchoring most offers. A handful of holders of costlier cargoes edged quotes lower, but most sellers held the line, refusing to sell into a loss. On the buy side, urgency was absent: procurement was strictly need-based, with buyers routinely low-balling bids.   Market views

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