Daily Market Brief-2025/6/24
Time:2025-06-24 17:23:18 Source:CCTD
Edited and Updated by Ethan Ma
June 24, 2025
At production areas, market sentiment in the Yulin region continues to improve. With expectations of further supply contraction toward the end of the month, downstream users remain active in coal transportation. Some coal mines have accelerated shipments, supporting steady-to-rising mine-mouth prices. In Ordos, the market remains firm with a slight upward trend. Both terminal and intermediary demand has improved recently, while supply remains constrained. Pithead inventories are steadily declining, and prices at popular mines continue to rise. In northern Shanxi, prices are mostly stable. Boosted by stronger portside market sentiment, sales at some mines have improved. However, due to relatively loose supply conditions, prices at the mines lack momentum for further increases.
At ports, traders maintain a firm stance and are reluctant to sell, driven by inverted transportation margins and expectations of higher peak-season daily consumption. Some price offers have continued to rise. Despite the consecutive modest increases in prices, most end-users have not significantly increased their spot procurement activity, as inventory levels remain well-stocked. They continue to purchase only small volumes at favorable prices to meet immediate needs.
For imported coal, although its price advantage has become more apparent and market sentiment has somewhat improved, domestic end-users still show limited urgency in procurement due to trader’s low offers and ample inventories. Aside from necessary restocking, most buyers remain cautious. Overseas suppliers’ offer prices remain stable for now.
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