DAILY: China's mine-mouth thermal coal regains strength

China's thermal coal prices at main mining bases regained upward strength on Thursday, as the strong rises in spot coal prices at the country's northern ports reignited optimistic sentiment among market participants and boosted purchases of the fuel from mining areas.

On September 14, a larger 21% share of the 124 thermal coal miners across the country under Mysteel's daily survey lifted offer prices by an average of Yuan 19/tonne ($2.6/t), widening from an 11.2% proportion with price hikes averaging Yuan 14/t a day earlier. Specifically, North China's Inner Mongolia and