WEEKLY: China's thermal coal rally stalls as Beijing's output push cools sentiment

Source: Mysteel Oct 26, 2026 12:05

China's thermal coal market held near its 2026 highs in the October 19-23 week, but the rally finally ran out of steam as a fresh push from Beijing to lift output and secure winter supply made buyers cautious.

As of October 23, Mysteel assessed the benchmark 5,500 kcal/kg NAR thermal coal at Yuan 1,035/tonne ($155.1/t) FOB northern ports with 13% VAT included, up Yuan 9/t on week and hitting the highest this year. The price stabilized from Wednesday following a Yuan 6/t rise on Monday and a

Price Curve

Daily Prices

Thermal coal seaborne cargo prices: CFR China

Oct 30, 2026 09:53
Thermal coal portside prices: Caofeidian port

Oct 30, 2026 09:36
Thermal coal portside prices: Jingtang port

Oct 30, 2026 09:35
Thermal coal portside prices: Tianjin port

Oct 30, 2026 09:31
Thermal coal prices: Dongsheng

Oct 30, 2026 09:16

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