Import Russian thermal coal spot prices show relatively strong performance

K-LinePoet · 2026-03-25T11:50:42+00:00

On February 27, despite sporadic spot transactions of Russian thermal coal facilitated by individual traders, overall market demand remained weak, with end-users universally applying downward price pressure and a strong wait-and-see sentiment prevailing. The current Q5500 coal quotation in the Jiangsu region stands at 750 yuan/ton, while forward prices show relative strength, with domestic port coal price increases supporting confidence in imported coal.

K-LinePoet

2026-03-25 11:50:42

Abstract generation in progress

On February 27, the spot prices for imported Russian thermal coal showed a relatively strong performance. Yesterday, some traders with immediate needs in the Jiangsu area inquired about Russian coal, resulting in a small amount of spot transactions. However, overall, the weak demand situation in the market has not improved, and end-users are still pressuring prices, with a strong sense of market hesitation. The Q5500 Russian coal cargo hold price in Jiangsu is 750 yuan/ton. The forward spot prices for Russian thermal coal are relatively strong. Domestic port coal prices continue to rise, supporting foreign mine confidence in maintaining prices. Some mines believe there is still room for import coal premiums, and current prices have not yet reached ideal levels, leading to increased stockpiling sentiment. Most operations are currently observing the market. The CFR price for Q5500 Panamanian vessel is $88/ton, and for Q4600 Panamanian vessel is $69/ton. (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.