Beigang Market Thermal Coal Quotes Maintain Steady Operations

K-LinePoet · 2026-03-17T16:54:36+00:00

March 16: The Beigang market for thermal coal is operating with stable pricing. Spot traders' quotations are basically maintaining a stable state, with widespread port delivery backwardation in the market. Traders with inventory show weak willingness to sell at low prices, downstream demand release is relatively slow, and inquiries are few. Actual market transactions are suppressed by downstream price pressure, with average transaction performance and sluggish shipments. Port inventory continues to accumulate, and the market is mainly in a wait-and-see mode in the short term. Subsequent market movements require continued attention to port destocking speed and actual transaction conditions. As of March 15, the inventory across eight ports in the Bohai Rim was 25.37 million tons, with a daily sequential increase of 0.22 million tons. (My Steel)

K-LinePoet

2026-03-17 16:54:36

On March 16, the North Port Market thermal coal prices remained stable. Spot traders’ quotes are generally steady, with widespread market delivery backwardation. Traders with available goods are not eager to sell at low prices, and downstream demand is slow to release. There are few inquiries and price checks, and actual transactions are suppressed by downstream price pressure. Actual trading performance is average, with poor shipment flow, and port inventories continue to accumulate. The market is mainly observing in the short term. Ongoing attention is needed on port inventory reduction speed and actual transaction conditions. As of March 15, the inventory at the eight ports in the Bohai Rim was 25.37 million tons, an increase of 220,000 tons day-on-day. (My Steel Network)

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