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DAILY: China's thermal coal downtrend slows, sentiment improves

Source: Mysteel Jul 10, 2026 11:35
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Thermal Coal Price
China's thermal coal market ended the July 9 session with a milder decline, as portside sentiment turned more balanced with emerging signs of bottoming out such as continued inventory drawdown and improving trading activity.
On Thursday, Mysteel assessed 5,500 kcal/kg NAR thermal coal at northern ports at Yuan 802/tonne ($118/t) FOB with VAT, down just Yuan 2/t from Wednesday – a smaller daily decline compared with Yuan 5-8/t in the first week of this month. The 5,000 kcal/kg NAR grade also eased Yuan

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