The spot price of imported Russian thermal coal is trending strongly.

K-LinePoet · 2026-03-15T10:44:12+00:00

February 26th, imported Russian thermal coal spot prices showed strength, with firm quotations in the Yangtze River region but weak trading activity. Market demand remained sluggish, with several traders having limited available inventory. Current Q5500 hold price was quoted at 740 yuan/ton, while forward prices remained stable with slight strength. Cargo shipments faced difficulties due to frozen port conditions.

K-LinePoet

2026-03-15 10:44:12

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On February 26, the spot prices for imported Russian thermal coal remained relatively strong. Some traders in the Jiangnei region have limited available resources for sale, supporting firm quotes. However, after the holiday, demand has been weak, and the spot market for imported coal is characterized by a wait-and-see attitude, with little actual trading activity. Currently, the Q5500 Russian coal bottom-of-hopper price in Jiangnei is 740 yuan/ton. The forward spot market prices for Russian thermal coal are generally stable to slightly strong. Some mines have increased their prices in line with the continuous rise in domestic and foreign coal prices, but shipments from the Far East ports are still difficult due to freezing port conditions, and market circulation has not yet improved. The current CFR price for Q5500 Panamanian vessel is $87/ton, and for Q4600 Panamanian vessel is $68/ton. (My Steel Network)

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