As of January 12, coal prices at Qinhuangdao Port have increased across various calorific values: quotations for 5500K, 5000K, and 4500K thermal coal are reported at 703 yuan/ton, 717 yuan/ton, and 523 yuan/ton, respectively. Compared to the low points at the end of December, these prices have risen by 18 yuan/ton, 29 yuan/ton, and 33 yuan/ton, respectively. PriceSeek's analysis of thermal coal assigns a long-short score of +1. The report indicates a significant increase in spot prices for thermal coal, with quotations for 5500K, 5000K, and 4500K rising by 18 yuan/ton, 29 yuan/ton, and 33 yuan/ton, respectively. This reflects improved demand or tight supply, which is favorable for the spot market. The score is +1 (generally positive), as the increase, while notable, does not reach the level of a major event. Continued attention to supply and demand dynamics is recommended.
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