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DAILY: China's thermal coal rangebound, yet Shenhua's hike lifts sentiment

Source: Mysteel Jul 28, 2026 11:35
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Thermal Coal Price
China's spot thermal coal prices at northern ports held flat for a fourth consecutive session on July 27, yet Shenhua's latest price hike signals a potential near-term turnaround.
Mysteel assessed 5,500 kcal/kg NAR thermal coal at northern ports at Yuan 825/tonne ($121.9/t) FOB with VAT, unchanged for a fourth straight day. The 5,000 kcal/kg NAR grade held at Yuan 735/t and the 4,500 kcal/kg NAR grade at Yuan 642/t, both unchanged from the previous session. Elsewhere, assessments

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