Daily Market Brief -25/07/09
Time:2025-07-09 17:12:00 Source:CCTD
Edited and Updated by Ethan MaJuly 9, 2025
Production Areas:
In the Yulin region, sales at the pithead remained mixed. Lump coal continued to face sales pressure, with prices showing a stable-to-weak trend. Hauling by coking and power plants on rigid demand was maintained, while slack coal prices remained mostly stable with a slight firm tone.
In the Ordos region, market sentiment remained steady. Rain continued to suppress production at some mines. Combined with the upward trend in external purchase and port market prices, this supported miners’ firm pricing stance. Low-calorific-value coal with better sales performance saw slight price increases.
In northern Shanxi, prices remained stable. User participation in auctions was decent, and demand for cost-effective products increased slightly. However, due to ample market supply, price hikes remained cautious.
Ports:
Seasonal demand was clearly releasing, and the number of vessels anchored at Bohai Rim ports remained relatively high. Although most shipments were tied to long-term contracts, spot demand was also gradually increasing. Coupled with high transportation costs and steadily declining inventories, overall market sentiment remained optimistic, supporting further price increases.
Imported Coal:
Recently, Indonesian low-CV imported coal had a clear price advantage over domestic coal, prompting Chinese power utilities to continue inquiries. This supported a slight upward adjustment in overseas supplier offers. However, given that most power plants still had high inventory levels, their price acceptance remained low, leading to cases of failed tenders in the market.
CCTD China Coal Market Network is one of the most trusted coal industry think tanks in China, providing exclusive and extensive data coverage.
褰檽锟斤拷?