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DAILY: China's thermal coal price correction deepens as pressures mount

Source: Mysteel Jun 26, 2026 11:35
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Thermal Coal Price
China's thermal coal market posted its third consecutive daily loss on June 25, with the pace of decline picking up markedly. The downside was driven by a stateowned coal group's second price cut within a week, a slump in seaborne coal prices, and torrential rains that curbed demand.
On Thursday, Mysteel assessed 5,500 kcal/kg NAR thermal coal at northern ports at Yuan 856/tonne ($125.9/t) FOB with VAT, down Yuan 3/t from Wednesday – the largest single-day drop since the downtrend began. The 5,000 kcal/kg and 4,500 kcal/kg NAR grades both shed Yuan 4/t to reach Yuan 765/t

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