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DAILY: China's portside thermal coal slides as stockpiles accumulate

Source: Mysteel Jul 03, 2026 11:35
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Thermal Coal Price
China's thermal coal market continued its downward trend on July 2, as Bohai Rim port inventories kept building, despite forecasts of a major heatwave expected to sweep across northern China in the coming days.
On Thursday, Mysteel assessed 5,500 kcal/kg NAR thermal coal at northern ports at Yuan 830/tonne ($122.4/t) FOB with VAT, down Yuan 6/t from Wednesday. The 5,000 kcal/kg and 4,500 kcal/kg NAR grades fell Yuan 6/t each to Yuan 738/t and Yuan 639/t, respectively. At ports along the Yangtze River

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