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Understanding the recent surge in Chinese thermal coal prices
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
China's domestic thermal coal prices have been on an upward trend for the past four months, following a fatal mine accident in Shanxi province on 22 May that claimed 82 lives. Most notably, QHD prices rose by RMB67/t to RMB947/t during the week of 31 August to 4 September.
Table of contents
- What directly drove QHD prices higher?
- What is the current supply situation?
- What does coal demand look like?
- Why did the daily price gains accelerate from around RMB 10/t to RMB 20/t in the latter part of the week?
- What is the near-term price outlook?
Tables and charts
This report includes the following images and tables:
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QHD prices and coal inventories at ports
What's included
This report contains:
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