PriceSeek Reminder: Thermal Coal CCTD Index declined on March 9

K-LinePoet · 2026-04-02T03:49:51+00:00

On March 9th, the thermal coal CCTD index declined across the board, with prices for 5500CV, 5000CV, and 4500CV dropping to 750 yuan/ton, 669 yuan/ton, and 579 yuan/ton respectively. This reflects ample supply in the spot market or weak demand, indicating a short-term market trend of weakness, with a score of -1.

K-LinePoet

2026-04-02 03:49:51

Abstract generation in progress

Business Society March 10 News

On March 9, thermal coal CCTD index 5500CV was 750 yuan/ton (-1); 5000CV was 669 yuan/ton (-2); 4500CV was 579 yuan/ton (-2).

** PriceSeek Commentary**

** Thermal coal, long/short score: -1**

The article shows that the thermal coal CCTD index fell across the board: 5500CV dropped by 1 yuan to 750 yuan/ton, 5000CV dropped by 2 yuan to 669 yuan/ton, and 4500CV dropped by 2 yuan to 579 yuan/ton. This indicates that the spot market has sufficient supply or weak demand, creating downward pressure on prices; bearish factors dominate. The score is -1 (a mildly bearish outlook). Although the declines are small, they are consistent, reflecting a short-term soft trend in the market.

【Principles of Pricing Formulas for Bulk Commodities】Business Society’s benchmark price is a transaction guidance price generated based on price big data and Business Society’s price model; it is also known as the Business Society price. It can be used to determine the transaction settlement prices for the following two types of demands:

1. Settlement price on a specified date

2. Average settlement price over a specified period

Pricing formula: settlement price = Business Society benchmark price × K + C.
　　K: adjustment coefficient, including factors such as account period costs, etc.

C: premiums/discounts, including factors such as logistics costs, brand price differentials, regional price differentials, etc.

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