Hong Kong Stock Market Movement | Coal stocks rise collectively as the advantage of cost-effectiveness from overseas coal price increases diminishes; import restrictions expectations support domestic coal prices

LootboxPhobia · 2026-02-27T07:27:51+00:00

Coal stocks collectively rise, with China Qinfa up 7.51%. Indonesian coal companies suspend exports due to production cuts, impacting the market. Domestic coal prices are rising due to import restrictions and winter demand, with power plants actively replenishing stocks before the holiday. It is expected that coal prices will have stronger support after the holiday.

LootboxPhobia

2026-02-27 07:27:51

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CCT Finance APP has learned that coal stocks are collectively rising. As of the latest report, China Qinfa (00866) increased by 7.51%, trading at HKD 3.72; China Coal Energy (01898) rose by 6.08%, trading at HKD 12.91; Yanzhou Coal Australia (03668) increased by 4.46%, trading at HKD 33.28; Yanzhou Mining Energy (01171) rose by 3.94%, trading at HKD 13.98.

On the news front, from late 2025 to early 2026, Indonesia’s coal industry policies have been continuously in the spotlight. Indonesian coal mining companies have paused spot coal exports due to reduced production quotas, attracting market attention. Guohai Securities released a research report stating that due to rising overseas coal prices, the cost-effectiveness of imported coal is no longer advantageous. Expectations of import restrictions are providing favorable support for domestic coal prices.

Huayuan Securities issued a research report stating that in early and late January 2026, due to cold waves affecting coastal provinces, temperatures are generally lower, and power plants maintain high daily consumption, supporting overall coal demand. Although power plants have maintained lower levels of fuel coal procurement according to previous strategies, the approach of the Spring Festival has not eased supply and demand. Before the holiday, few power plants have started replenishing stocks, and shipping rates have shown signs of rising in advance, possibly indicating that coal prices after the festival will be more resilient than in previous years.

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