On Jul 14, 2026, the CCI index for Datong 5,500 Kcal/kg NAR coal was 680 yuan/t, mine-mouth with VAT, rising 2.0 yuan/t DoD and flat WoW.

On Jul 14, 2026, the CCI index for Shanxi Quasi Grade I met coke was 1690 yuan/t, ex-plant with VAT, flat DoD and flat WOW.

China's weather bureau said the northwest Pacific and South China Sea are expected to generate 5-6 typhoons during the "mid-July to mid-August" flood season, with 2-3 making landfall or affecting the country. The National Climate Center forecasts the typhoon-active period from late July to early August, mainly impacting the coastal areas of south and east China, with one strong typhoon potentially bringing significant wind and rain to the north. From July to September, precipitation is expected to be above normal in north, northeast, east and south China, with some regions facing severe flooding. Basin-level forecasts show rainfall in the Songliao, Haihe, lower Yellow River and lower Pearl River basins will be 20%-50% above the historical average, while the upper Yangtze and upper Pearl River basins will see 10%-30% more, the Huaihe basin 10%-20% more, and the upper and middle Yellow River and middle Yangtze basins 10%-20% less.

U.S. crude steel production was estimated at 1.84 Mst (1.67 Mt) in the week ending Jul 11, 2026, up 3.9% YoY but down 0.9% WoW, according to data from the American Iron and Steel Institute (AISI). The capacity utilization rate was measured at 79.7%, expanding 1.5 pps YoY yet shrinking 0.7 pp WoW. The country's year-to-date crude steel output totaled 49.952 Mst, up 5.9% YoY, while the capacity utilization rate expanded by 1.8 pps to 78.8%.

On Jul 14, 2026, the CCI index for Ordos 5,500 Kcal/kg NAR coal was 611 yuan/t, mine-mouth with VAT, rising 3.0 yuan/t DoD and rising 12.0 yuan/t WoW.

China's central bank will conduct 1.4 trillion yuan of outright reverse repurchase agreements on July 15, 2026, with a six-month term maturing on Jan 15, 2027, to maintain ample liquidity in the banking system. The operation will use a fixed-quantity, interest-rate bidding and multiple-price auction mechanism.

On Jul 14, 2026, the CCI index for Shanxi low-sulfur coking coal was 1995 yuan/t, ex-washplant with VAT, flat DoD and flat WOW.

China Shenhua Energy Co., Ltd. said it expects net profit attributable to shareholders for the first half of 2026 to be between 26.3 billion yuan and 29.8 billion yuan, up 6.9%-21.1% year on year. The projected increase is mainly driven by higher volumes in its coal chemical operations and increased activity on its self-owned railway, port and shipping businesses, which lifted profit growth in related segments.

China's monitored coal enterprises produced 60.47 million tonnes in the last 10 days of June, down 2.66 million tonnes or 4.2% from mid-Jun and down 3.98 million tonnes or 6.2% year on year, according to the China Coal Transportation and Distribution Association. Cumulative output for June reached 186 million tonnes, up 0.8% year on year, with average daily production falling 2.6% from May.

China's independent coke producers churned out 33.03 Mt of the steelmaking material in May 2026, up 2.6% YoY, accounting for 77.3% of the country's total coke output, according to data released by the China Coking Industry Association.

On Jul 14, 2026, the CCI index for Yulin 5,800 Kcal/kg NAR coal was 681 yuan/t, mine-mouth with VAT, rising 2.0 yuan/t DoD and rising 11.0 yuan/t WoW.