On November 5th, the thermal coal CCI index was as follows: 5,500 kcal, 795 RMB/ton (+9); 5,000 kcal, 700 RMB/ton (+9); 4,500 kcal, 608 RMB/ton (+8).
The article shows that on November 5th, the thermal coal CCI index rose across the board, with prices for 5,500 kcal, 5,000 kcal, and 4,500 kcal coal increasing by 9 RMB/ton, 9 RMB/ton, and 8 RMB/ton respectively. This indicates a tight market supply and demand, possibly due to increased winter heating demand or limited supply, which is beneficial to spot prices. The consistent and significant increases reflect strong short-term demand, supporting the upward price trend and favoring a bullish market.
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