Daily Market Brief -25/07/02

Edited and Updated by Ethan Ma
July 2, 2025

Production Areas:

In the Yulin region, procurement demand from non-power users increased compared to the previous period. Combined with rising prices in key mine auctions, overall market sentiment showed slight improvement. Most mines kept prices stable, with minor adjustments seen in both directions.

In the Ordos region, prices remained steady. Although rainfall somewhat dampened trading activity, firm purchasing prices and relatively strong portside prices reinforced mine operators' willingness to maintain stable pricing and steady sales. Price adjustments were rare.
In northern Shanxi, pithead auction activity showed marginal improvement, but overall trading remained within normal seasonal levels. Prices continued to operate in a stable range.

Ports:

Outbound shipments exceeded inbound deliveries, leading to further inventory drawdowns at the ports. Widespread rainfall in major production areas raised concerns among some sellers about potential disruptions to output and logistics. As a result, structural supply tightness may persist in the short term, supporting a steady to firm price trend at coastal markets.

Imported Coal:

This week, thermal power plants issued new tenders, slightly boosting market activity. However, with prices already close to production costs, Indonesian suppliers remained firm on their offers. Buyers, in contrast, were cautious, showing limited acceptance of higher quotations.

CCTD China Coal Market Network is one of the most trusted coal industry think tanks in China, providing exclusive and extensive data coverage.