Core Insights - The National Bureau of Statistics reported mixed price changes for various coal types in late August, indicating a divergence in market trends [1] Price Changes Summary - Anthracite coal (washed medium block, volatile matter ≤ 8%) price is 853.0 CNY/ton, down 17.0 CNY/ton, a decrease of 2.0% [1] - Ordinary mixed coal (Shanxi powder and lump coal mix, calorific value 4500 kcal) price is 557.4 CNY/ton, down 7.1 CNY/ton, a decrease of 1.3% [1] - Shanxi large mixed coal (higher quality mix, calorific value 5000 kcal) price is 625.3 CNY/ton, down 4.2 CNY/ton, a decrease of 0.7% [1] - Shanxi premium mixed coal (high-quality mix, calorific value 5500 kcal) price is 701.7 CNY/ton, up 6.6 CNY/ton, an increase of 0.9% [1] - Datong mixed coal (Datong produced mixed coal, calorific value 5800 kcal) price is 739.7 CNY/ton, up 6.3 CNY/ton, an increase of 0.9% [1] - Coking coal (main coking coal, sulfur content < 1%) price is 1425.0 CNY/ton, unchanged from the previous period [1] Market Trends - In late August, anthracite coal prices reversed to a downward trend, while thermal coal prices showed divergence with low-calorific coal weakening and high-calorific coal continuing to rise [1] - Coking coal prices remained stable during this period [1] Coking and Coke Prices - In late August, the price of coke (quasi-first-grade metallurgical coke, ash content between 12.01% and 13.50%) is 1439.3 CNY/ton, up 61.6 CNY/ton, an increase of 4.5% [1]

Core Viewpoint - The coal prices in China showed mixed trends in late July, with most coal types experiencing price increases, particularly coking coal, while anthracite prices declined [1] Price Changes Summary - Anthracite (washed middle block, volatile matter ≤8%) price is 835.8 CNY/ton, down 29.6 CNY/ton, a decrease of 3.4% [1] - Ordinary mixed coal (Shanxi powder and lump coal mix, calorific value 4500 kcal) price is 518.1 CNY/ton, up 16.7 CNY/ton, an increase of 3.3% [1] - Shanxi big mix (higher quality mixed coal, calorific value 5000 kcal) price is 583.1 CNY/ton, up 16.7 CNY/ton, an increase of 2.9% [1] - Shanxi premium mix (premium mixed coal, calorific value 5500 kcal) price is 647.3 CNY/ton, up 15.7 CNY/ton, an increase of 2.5% [1] - Datong mixed coal (Datong produced mixed coal, calorific value 5800 kcal) price is 682.6 CNY/ton, up 16.6 CNY/ton, an increase of 2.5% [1] - Coking coal (main coking coal, sulfur content <1%) price is 1375.0 CNY/ton, up 225.0 CNY/ton, an increase of 19.6% [1] - Coking coal prices showed the most significant increase, while anthracite prices shifted from rising to falling, with a mid-July increase of 4.3% [1] - In addition, the national coke (quasi-first-grade metallurgical coke, 12.01% ≤ ash content ≤ 13.50%) price is 1221.4 CNY/ton, up 108.3 CNY/ton, an increase of 9.7% [1]