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China Faces Coal Oversupply: Prices Plunge 20% in 2025

5/30/2025

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Summary

Story summary

China's coal market is grappling with an oversupply, as domestic production exceeds demand, triggering a staggering 20% price drop in 2025. In response, the National Development and Reform Commission has urged coal plants to boost stockpiles by 10%. Simultaneously, iron ore prices are falling, driven by sluggish steel demand amid trade uncertainties and a faltering property market.

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Story summary

China's coal market is grappling with an oversupply, as domestic production exceeds demand, triggering a staggering 20% price drop in 2025. In response, the National Development and Reform Commission has urged coal plants to boost stockpiles by 10%. Simultaneously, iron ore prices are falling, driven by sluggish steel demand amid trade uncertainties and a faltering property market.