Commodity Market Report

China coal short-term outlook September 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

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:

  • Document

    China Coal Short Term Outlook September 2023.pdf

    PDF 663.36 KB