Commodity Market Report

China coal short-term outlook August 2023

Get this report


You can pay by card or invoice

For details on how your data is used and stored, see our Privacy Notice.

- FAQs about online orders
- Find out more about subscriptions

A large influx of seaborne imports and weak economic activity led to a price fall in August. The incidence of many mine accidents curtailed domestic supply and sliding coal inventory at ports underpinned the price. As a result, the QHD price fluctuated between RMB800 and RMB850/t during the month. Entering September, the shoulder demand season is coming; will it result in a drop in price? The prevailing rumour about a surprise steel production cap did not eventuate this month. The steel mills operated at even higher rates in August despite deteriorating margins, which meant their tolerance for high-priced raw materials was fragile. What will the situation be like in the upcoming golden September and how will it influence prices?

Table of contents

  • No table of contents specified

Tables and charts

No table or charts specified

What's included

This report contains:

  • Document

    China Coal Short Term Outlook August 2023.pdf

    PDF 627.61 KB