16 OCTOBER 2025Mysteel
DAILY: China's thermal coal market resilient on seasonal demand pickup
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3 min read
On Tuesday, Mysteel's assessments for the prices of 5,500 kcal per kg, 5,000 kcal per kg and 4,500 kcal per kg NAR coal strengthened to RMB 720 per tonne (USD100.9per tonne), RMB 630per tonne and RMB 550per tonne, respectively, FOB northern ports basis with VAT, all higher by RMB 5per tonne from the day prior.
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Some Chinese power utilities have kick-started their coal hoarding activities for this winter, as temperature drops in northern China drive up household heating demand, sources noted. A strong cold snap is forecast to sweep most regions of the country in the following five days, according to the National Meteorology Administration.
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