B · Normal
[The coal sector is active and Yunmei Energy is at daily limit] On September 15, the coal sector was active and Yunmei Energy was at daily limit. Shaanxi Black Cat, Dayou Energy, Zhengzhou Coal and Electricity, and Jinkong Coal Industry followed suit. On the news, JPMorgan Chase issued a research report stating that coal prices in mainland China have increased by 14% since the third quarter. There are still upward risks to coal prices in the short term, mainly due to limited domestic supply and the need to replenish inventories. Therefore, the thermal coal price forecast for 2026 has been raised from RMB 805 per ton to RMB 830.
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