China thermal coal imports hinge on winter buying and domestic supply

China thermal coal imports: observed monthly arrivals and conditional 2026 forecast range of 285–310 million tonnes, with a central estimate of 295 million tonnes.

China thermal coal imports could reach 285–310 million tonnes by the end of 2026, with a conditional central estimate of 295 million tonnes. Maintaining October’s arrival pace would deliver around 289 million tonnes, leaving stronger winter buying needed to close the gap. The analysis examines how power-plant stocks, domestic deliveries, generation requirements and landed prices could shape year-end purchases. It […]

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