China's Coal Prices Set to Soar, Industry Experts Predict

China's coal market is poised for a significant uptick in prices, according to fresh insights from the China Coal Transportation and Distribution Association (CCTD). General Manager Han Lei of CCTD's research department highlighted that domestic thermal coal prices have surpassed 800 yuan ($110.41) per metric ton, which is seen by many in the industry as marking the bottom for the year. Current coal market dynamics suggest a trend of stabilization and resurgence in prices. Despite expectations for relatively flat coal output this year compared…