China's benchmark coal price reaches 1,004 yuan per ton

coal: Coal is a fossil fuel used extensively for electricity generation and industrial applications, with thermal coal serving as fuel for power stations. The news concerns China’s benchmark thermal-coal market, where prices at Qinhuangdao have risen amid tighter domestic production and reduced Indonesian supply. Policy: Chinese authorities have urged coal-producing regions and mining companies to stabilize production, maintain supply, and reopen eligible mines as winter energy demand approaches. Supply: Recent coverage attributes the price increase to lower Chinese mine output, safety-related production constraints, and reduced availability of Indonesian thermal-coal imports. Market trend: China’s benchmark thermal-coal price has risen for several consecutive weeks and reached its highest level in roughly three years, even as seasonal electricity demand begins to ease.