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UBS pins China coal price surge on Shanxi mine disaster and safety crackdown

Published on: Tuesday 16 June 2026

UBS has linked a sharp rise in Chinese coal prices to a fatal mine disaster and the safety crackdown that followed. Prices of metallurgical coal, the coking coal used to make steel, are up about 33% since March, while thermal coal, burned for power, has risen around 15%. The trigger was a...

News source: https://uk.finance.yahoo.com/news/ubs-pins-china-coal-price-151600312.html

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UBS pins China coal price surge on Shanxi mine disaster and safety crackdown