DAILY: China's thermal coal prices rise further, but demand lags

China's thermal coal market saw prices rise on October 15 for a seventh straight session, though the advance appeared to come from sellers holding prices firm rather than renewed buyer interest, leaving the market leaning on supply rather than demand.

Prices in Ordos, a major coal-producing hub in North China's Inner Mongolia. Most mines maintained broadly balanced output and sales, while a few raised prices by Yuan 5-10/tonne ($0.7-1.4/t). Local 5,500 kcal/kg NAR coal was quoted at Yuan 790-860/t mine-mouth, including VAT, Mysteel learned. In Yulin, another key hub in