Import Australian thermal coal spot market remains stable for now

K-LinePoet · 2026-03-16T04:48:03+00:00

February 14: The imported Australian thermal coal spot market is operating at a stable level. With the Spring Festival holiday approaching, pre-holiday procurement by non-power end-users in the Guangdong and Guangxi regions has basically concluded, market inquiries have become quiet, and overall demand appears sluggish. Combined with Australian miners maintaining firm quotations and traders facing high procurement costs, the market is generally cautious, gradually entering a pre-holiday lull. Currently, Australian coal Q5500 spot prices are oscillating narrowly around 760 yuan/ton with limited actual transactions. Going forward, attention should focus on the post-holiday restart pace of non-power enterprises and changes in overseas quotations' impact on import costs. (My Steel Network)

K-LinePoet

2026-03-16 04:48:03

On February 14th, the Australian thermal coal spot market remained stable. As the Spring Festival holiday approaches, pre-holiday procurement by non-electric end-users in the Guangdong-Hong Kong-Macao Greater Bay Area is mostly completed. Market inquiry activity is quiet, and overall demand is weak. Coupled with firm Australian mine prices, traders face high procurement costs, leading to cautious trading sentiment. The market is gradually entering a holiday break. Currently, the Q5500 Australian coal delivery price around the site is fluctuating narrowly around 760 yuan/ton, with limited actual transactions. Going forward, attention should be paid to the resumption pace of non-electric enterprises after the holiday and the impact of overseas market price changes on import costs. (My Steel Network)

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.