Chinese thermal and metallurgical coal imports remained unchanged in November, maintaining very high levels at around 27 million tons and 8 million tons, respectively. Coal imports for December are expected to see a slight uptick.

In October, Chinese power production weakened, dropping to 704 TWH, a 45 TWH decrease compared to September. This decline is attributed to mild weather and a sluggish economy. However, total power production is anticipated to rebound in November and December due to increased heating demand, stimulating the need for thermal coal.

DBX predicts that prices will likely remain supported at current levels, considering FOB cash costs are near $100 per ton for some miners.

The latest edition of the China Coal Monitor is now available! Feel free to request a copy at info@drybulkx.com.

This report is tailor-made for policymakers, energy and steel industry experts looking to navigate the ever-evolving energy and steel markets.

Key Highlights:

1) Comprehensive Coal Price Analysis

2) Insights into Thermal and Metallurgical Coal Imports/Exports

3) Overview of China's Power Generation, Coal Mining and Stockpile Trends

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