Daily Market Brief -25/07/07

Edited and Updated by Ethan Ma
July 7, 2025

Production Areas:
In the Yulin region, coal supply remained stable with a slight increase, while user demand for hauling also recovered. As a result, supply-demand tensions were not prominent, and prices showed mixed movements with both increases and decreases.

In the Ordos region, prices remained stable. Non-power industrial users showed limited buying interest, and sales of high-calorific-value coal remained sluggish. However, thermal coal consumption during peak season stayed high, driving up procurement from power plants, which supported demand for low-calorific-value coal.

In the northern Shanxi region, the market was in a stalemate. Rainy weather suppressed market activity, and although miners were willing to hold firm on prices, insufficient shipment volumes limited upward price movements. As a result, prices were mostly stable with few changes.

Ports:
Coastal end-users continued to haul coal based on rigid demand. However, due to persistently high transportation costs, enthusiasm for port-side shipments remained low. Inventories at major ports declined steadily, while the structural shortage of spot supply persisted, providing ongoing support for traders to hold prices firm.

Imported Coal:
The relative price advantage of imported coal widened recently, which boosted inquiry activity last week. However, actual transaction volumes remained limited. At the beginning of this week, the market remained steady. Overseas suppliers maintained a wait-and-see approach while holding firm on prices, whereas end-users, with relatively high inventories, showed low acceptance of current price levels.

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