Despite concerns over new coronavirus waves, the seaborne coal market doesn’t see an end to its record-breaking price rally. Strong summer demand, gas price spikes and nuclear outages have supported coal generation, yet supply responses haven't been strong enough to stablise prices. We've heard unconfirmed news about China's latest measures to control its domestic coal prices, including the accelerated approval of production capacity and lifting of restrictions on coal imports. China's new supply impact will not kick in immediately, sending strong support to seaborne prices into August. Its ban on Australia coal is unlikely to ease, keeping high-ash coal at attractive discounts against Newcastle benchmark due to limited washing capacity.