APAC Thermal Coal Supply to Remain Tight as Winter Looms
· China's benchmark Qinhuangdao 5,500kcal/kg coal price has tripled so far this year, reaching around CNY2,300/tonne in midOctober and gaining over 100% since only September. Domestic production marginally picked up % qoq in 3Q21 as AugustSeptember output rebounded to million tonnes (mt) per month from in July.