China thermal coal to remain volatile as import restrictions continue: Outlook

摘要

Price volatility seen in the Chinese thermal coal marketthis year could continue in 2018 leading to more intervention by thecentral government judging by what occured in past years, accordingto analysts.Thermal coal prices are likely to fluctuate in a wider range in 2018,Guangfa Securities coal analyst Deng Shun said.In 2017, spot prices of 5,500 kcal/kg NAR coal fluctuated betweenYuan 550/mt and Yuan 750/mt FOB basis Qinhuangdao port, including17% VAT, in 2017, S&P Global Platts data showed.