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DAILY: China portside thermal coal prices soar but trades remain sluggish

Source: Mysteel Sep 01, 2026 11:45
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Thermal Coal Price
China's portside thermal coal market extended its rally on August 31, as traders raised offers to keep pace with rising mine-mouth costs, while sporadic buying left the market largely nominal, market sources said.
On Monday, Mysteel assessed the benchmark 5,500 kcal/kg NAR thermal coal at northern ports at Yuan 893/t ($131.9/t) FOB with VAT, up Yuan 10/t from Friday. The 5,000 kcal/kg and 4,500 kcal/kg NAR grades each rose Yuan 10/t, to Yuan 803/t and Yuan 719/t respectively. At eastern ports along

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