DAILY: China's thermal coal prices rise again after 3-mth fall

China's domestic thermal coal prices bounced back on December 30, halting a three-month decline as supply-demand dynamics improved after the prices hit the trough.

On Monday, Mysteel assessed the trading prices of 5,500 kcal/kg, 5,000 kcal/kg, and 4,500 kcal/kg NAR thermal coal at Yuan 770/tonne ($105.6/t), Yuan 670/t and Yuan 570/t, respectively, on a FOB northern ports basis with VAT, each rising by Yuan 5/t from last Friday. This marks their first price