Commodity Market Report
China coal short-term outlook September 2023
This report is currently unavailable
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Mine accidents curtailed China’s domestic supply in the second half of the year. It was the primary driver behind the QHD price jumping by RMB150/t to RMB1,000/t in September. However, tight domestic supply resulted in over 30 Mt of seaborne imports in August, the highest since January 2021. We expect the influx of imports will be the main impetus for the QHD price stabilising in October. Supply issues have been the most significant support to the high coal price since July, although the real shortage may be overrated. Robust steel production did ensure coal demand but couldn’t consistently push the price up since merely one-third of the steel mills made a profit. How will the situation evolve?
Table of contents
- No table of contents specified
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Insight
Fibres sustainability feed
Wood Mackenzie’s fibres sustainability outlook – a live feed of our latest research
$900
Country Report
Global steel cost summary
Global average steelmaking costs are expected to soften by 1.0% in 2026, driven by falling raw material and energy prices.
$6,750
Market Report
China distributed solar market outlook 2025
a comprehensive analysis of market trends, near-term dynamics and future perspectives of DG solar in China
$5,990
