DAILY: China's thermal coal holds steady despite record power load

Source: Mysteel Jul 31, 2026 11:35

Spot thermal coal prices at northern Chinese transfer hubs held steady for a seventh straight day on July 30, weighed by lackluster buying appetite even as nationwide power consumption soared to a fresh peak.

On Thursday, Mysteel assessed 5,500 kcal/kg NAR thermal coal at northern ports at Yuan 825/tonne ($121.7/t) FOB with VAT, unchanged for a seventh straight session. 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 flat as well. Yesterday, the National

Price Curve

Daily Prices

Thermal coal prices (Q5500) : China's major cities

Jul 31, 2026 18:00
Thermal coal prices (Q5500) : China's major cities

Jul 31, 2026 18:00
Domestic thermal coal portside prices: Guangzhou port

Jul 31, 2026 17:58
Thermal coal portside prices: Jingtang port

Jul 31, 2026 17:38
Thermal coal portside prices: Qinhuangdao port

Jul 31, 2026 17:30

Mysteel Global WhatsApp business account

Customer Service: globalsales@mysteel.com