Daily Market Brief -25/07/11

Edited and Updated by Ethan Ma
July 11, 2025

Production Areas:
In the Yulin region, market activity has picked up, with a continued increase in hauling trucks heading to cost-effective coal mines. The willingness of miners to lower prices has declined significantly, and some have even started testing slight price hikes.

In the Ordos region, prices remained relatively stable. Buying interest among traders has improved, and hauling demand from nearby power plants and railway stations remains steady. However, supply recovery has been slow, leading to a steady decrease in inventories at most mines, with prices showing a slight upward trend.

In northern Shanxi, improved weather conditions and the ongoing rise in port prices have boosted hauling enthusiasm. Coal mine sales continue to improve, and prices are running steady to firm.

At Ports:
Market demand remains moderate. High-priced transactions for regular-quality cargoes remain challenging. However, bullish sentiment is still strong, supported by factors such as continued lower-than-expected coal inflows into ports, steady-to-rising daily coal consumption by power plants, and the upward movement in prices for in-demand, cost-effective mid- to low-CV cargoes.

For Imported Coal:
This week, overseas suppliers held firm on their offers, mainly supported by a recent uptick in inquiry activity from China. However, domestic power plants still have relatively high stock levels, limiting room for additional demand. Moreover, terminal procurement demand in India remains weak due to the monsoon season, which could undermine support for firm offers from overseas mines going forward.