CCTD: Thermal Coal Prices Break through the 1,000 Yuan/Mt Mark Again

Published: Apr 27, 2023 13:59
According to CCTD monitoring, the current price of 5,500 kcal thermal coal in Beigang is around 995 yuan/mt, a decrease of 100 yuan/mt from the beginning of the month.

According to CCTD monitoring, the current price of 5,500 kcal thermal coal in Beigang is around 995 yuan/mt, a decrease of 100 yuan/mt from the beginning of the month.

According to CCTD monitoring, the pithead inventory of coal mines has continued to rise since April. At present, the inventory of key coal enterprises in China has reached more than 64 million mt, which is 11 million mt higher than the same period last year.

In the short term, coal supply is still significantly better than demand, and the overhaul of the Datong–Qinhuangdao railway line is coming to an end.


Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
[SMM Steel] Global crude steel production decreases in Feb y-o-y
31 mins ago
[SMM Steel] Global crude steel production decreases in Feb y-o-y
Read More
[SMM Steel] Global crude steel production decreases in Feb y-o-y
[SMM Steel] Global crude steel production decreases in Feb y-o-y
[SMM Steel] According to World Steel Association (worldsteel) data released on March 25, 2026, global crude steel production in February totaled 141.8 million tons, a 2.2% decrease year-on-year. For the first two months of 2026, total global output reached approximately 298 million tons, down 1.5% compared to the same period last year.
31 mins ago
MMi Daily Iron Ore Report (March 25)
3 hours ago
MMi Daily Iron Ore Report (March 25)
Read More
MMi Daily Iron Ore Report (March 25)
MMi Daily Iron Ore Report (March 25)
Dalian iron ore futures trended weaker throughout the day. The most-traded I2605 contract concluded the session at 806.5 RMB per tonne, a decrease of 1.83% from the previous trading day. In the physical market,
3 hours ago
HRC Fundamentals: Maintenance Impact Down, Inventory Destocking Continues, Prices Expected to Fluctuate
4 hours ago
HRC Fundamentals: Maintenance Impact Down, Inventory Destocking Continues, Prices Expected to Fluctuate
Read More
HRC Fundamentals: Maintenance Impact Down, Inventory Destocking Continues, Prices Expected to Fluctuate
HRC Fundamentals: Maintenance Impact Down, Inventory Destocking Continues, Prices Expected to Fluctuate
Back to HRC fundamentals, impact from maintenance for hot-rolled products was 80,600 mt this week, down 234,300 mt WoW; impact from maintenance for hot-rolled products next week is expected at 9.34 mt, an increase of 12,800 mt from this week. Inventory-wise, destocking continued in Ningbo, Lecong, and Tangshan, while inventories in Shanghai and Zhangjiagang edged up slightly. Overall inventory was still expected to remain in a destocking trend. Attention should be paid to tomorrow's SMM weekly HRC balance. In the short term, HRC prices were still expected to fluctuate with costs, with limited momentum for further gains.
4 hours ago