Understanding the Market | Most coal stocks rose as coal prices quickly stopped falling and rebounded after the holiday. Seasonal demand release may open up upward space for coal prices

Most coal stocks rose, with Mongol Mining up 10.03%, SHOUGANG RES up 5.28%, and CHINA QINFA up 4.47%. GuoXin Securities predicts a rebound in coal prices in the second half of 2025, improving profits for coal companies, and that coal prices will have upward elasticity in the fourth quarter. After the holiday, coal prices stopped falling and rebounded, with strong seasonal demand potentially driving coal prices up. Datong Securities pointed out that the supply of thermal coal is affected by rainy weather, providing short-term support for rising coal prices, while coking coal is expected to continue its volatile trend due to low inventory during the peak demand season