Weekly: Thermal coal prices firm, more Shanxi coking capacity resumed

For the week ended 9 Oct 2026, the QHD 5,500kcal thermal coal price was RMB994/t, 0.6% higher than before the National Day Holiday; inventory at 4 northern ports rose 3.1% to 15.83mnt, and inventory at the six major IPPs rose 1.1% WoW to 14.30mnt with daily burn up 2.4% WoW to 843kt. The NEWC 6,000K price was down 0.1% WoW to US$148.85/t and the Liulin No.4 hard coking coal price was RMB2,270/t. As of 10 Oct, 40 coking coal mines across Shanxi's five producing regions remained suspended, representing 42.5mntpa of capacity, down from 52.1mntpa on 28 Sept. Brent rose 2.4% WoW to US$104.7/b and WTI rose 0.8% WoW to US$91.9/b;