据CNBC 印度尼西亚频道7月23日发布的消息，国际动力煤价格近5个交易日来持续上涨，创自6月17日以来一个多月的最高价格水平。

According to a report released by CNBC's Indonesia channel on July 23rd, the international price of thermal coal has been rising continuously for the past five trading days, reaching the highest level in over a month since June 17th.

路孚特(Refinitiv)数据显示，昨日(7月22日)，全球动力煤基准洲际交易所(ICE)纽卡斯尔动力煤期货次月到期交割合约价格交收于每吨135.55美元，较前一交易日上涨0.78%，且延续了上周以来的积极趋势，过去五天价格累计上涨3.9%。

According to Refinitiv data, yesterday (July 22nd), the delivery price of the next-month contract of the global benchmark Intercontinental Exchange (ICE) Newcastle Coal Futures was settled at $135.55 per ton, up 0.78% from the previous trading day. It also continued the positive trend observed since last week, with the price rising by 3.9% over the past five days.

煤炭价格的再次飙升，继续受到油价上涨和东亚煤炭进口国需求激增的支持。

The renewed surge in coal prices is being driven by the rise in oil prices and the significant increase in demand from coal-importing countries in East Asia.

国际油价因中东紧张局势升级而持续上涨。周四(7月23日)世界原油价格上涨至每桶88美元，已连续第五个交易日上涨，创下六周来的新高。

International oil prices have continued to rise due to the escalation of tensions in the Middle East. On Thursday (July 23rd), the price of world crude oil rose to $88 per barrel, marking the fifth consecutive trading day of increase and reaching a new high in six weeks.

截至今日(7月23日)当前时间，WTI美国原油期货价格上涨到88.57美元/桶，涨幅为1.74%;伦敦布伦特原油期货价格为91.71美元/桶，环比上涨1.53%。

As of the current time on July 23rd, the price of WTI US crude oil futures has risen to $88.57 per barrel, with an increase of 1.74%; the price of Brent crude oil futures in London is $91.71 per barrel, up by 1.53% compared with the previous period.

因中东紧张局势加剧，令国际能源市场对供应中断的担忧加深。美国总统特朗普警告称，如果德黑兰攻击通过霍尔木兹海峡的船只，美国将打击伊朗基础设施，而伊朗则威胁对该地区与美国相关的能源资产进行报复。

Due to the escalating tensions in the Middle East, concerns about supply disruptions in the international energy market have intensified. US President Trump warned that if Tehran attacks ships passing through the Strait of Hormuz, the United States will strike Iran's infrastructure. Meanwhile, Iran threatened to retaliate against energy assets related to the region that are in the hands of the United States.

同时，伊朗支持的胡塞武装在红海用导弹和无人机袭击了两艘沙特油轮，这是该水道首次直接袭击油轮，令沙特原油的一个重要替代出口路线面临担忧。

Meanwhile, the Houthi forces supported by Iran launched missile and drone attacks on two Saudi oil tankers in the Red Sea. This was the first direct attack on an oil tanker in this waterway, raising concerns about an important alternative export route for Saudi crude oil.

这一升级在冲突中打开了新战线，红海和霍尔木兹海峡的航运风险加剧。美国军方还对伊朗目标进行了连续第12天的打击，而华盛顿和德黑兰双方继续淡化和平谈判的前景，给未来世界能源市场增加了新的不确定性。

This upgrade has opened up new fronts in the conflict, increasing the shipping risks in the Red Sea and the Strait of Hormuz. The US military has also carried out 12 consecutive days of strikes against Iranian targets, while both Washington and Tehran continue to downplay the prospects of peace negotiations, adding new uncertainties to the future world energy market.

石油价格上涨又再次引燃在高温气候下煤炭需求可能加大的担忧。昂贵的液化天然气价格，仍然使亚洲这些国家持续将煤炭作为保障电力稳定供应的保险。

The rise in oil prices has once again reignited concerns about the possible increase in coal demand in hot climates. The high price of liquefied natural gas still makes these Asian countries continue to rely on coal as a safeguard for ensuring stable power supply.

6月日本煤炭进口大幅增长。日本财务省(Japanese Ministry of Finance)的报告称，2026年6月，日本煤炭进口量达1176万吨，同比增长10.2%，其中动力煤进口同比增长18.5%。1-6月，日本煤炭进口量累计达7148万吨。

In June, Japan's coal imports saw a significant increase. According to a report from the Japanese Ministry of Finance, in June 2026, Japan's coal imports reached 11.76 million tons, an increase of 10.2% compared to the previous year. Among them, the import of thermal coal increased by 18.5%. From January to June, the cumulative coal imports in Japan reached 71.48 million tons.

同时，来自韩国的煤炭进口需求的激增，也一同支撑着国际煤炭市场即时现货贸易。

At the same time, the sharp increase in coal imports from South Korea has also been supporting the spot trading of international coal markets.

韩国海关的数据显示，2026年6月，韩国煤炭进口量大涨，当月煤炭进口量达到1013万吨，与去年同期相比上升了31.97%，与5月相比增加了22%。这是今年5个月来的最高值，也是过去四年中六月单月的最高值。

According to data from the Korean customs, in June 2026, the import volume of coal in South Korea soared. The coal import volume reached 101.3 million tons that month, an increase of 31.97% compared to the same period last year and a rise of 22% compared to May. This is the highest value in the past five months and also the highest for a single month in June in the past four years.

上半年，韩国煤炭进口量累计达到5704万吨，同比增长了21.55%。在美伊冲突导致液化天然气(LNG)价格上涨之后，煤炭仍然是韩国最经济的能源选择。此外，核电机组供电量的限制也增加了其对煤炭的使用。

In the first half of the year, South Korea's coal imports reached a cumulative total of 57.04 million tons, an increase of 21.55% compared to the previous year. After the conflict between the United States and Iran led to a rise in the price of liquefied natural gas (LNG), coal remained the most economical energy option for South Korea. Additionally, the limitation on the power supply from nuclear power plants has also increased the use of coal.

中国煤炭进口大幅增加吸引全球供应

The significant increase in China's coal imports has attracted global supply.

2026年6月份，中国煤炭进口量达到4278万吨，比去年同期增加29.5%，比5月份增长28.6%。上半年煤炭进口量累计为2.25亿吨，同比增长1.7%，已由前期的持续下降转为正增长。

In June 2026, China's coal imports reached 42.78 million tons, an increase of 29.5% compared to the same period last year and a 28.6% increase compared to May. The cumulative coal imports for the first half of the year were 225 million tons, a year-on-year increase of 1.7%. The situation has shifted from continuous decline in the earlier period to positive growth.

作为世界上最大的煤炭消费国和进口国，中国购买量的增加势将对亚洲市场的煤炭供应产生重大影响。

As the world's largest consumer and importer of coal, the increase in China's purchase volume is bound to have a significant impact on the coal supply in the Asian market.

煤炭价格有望继续升高

The price of coal is expected to continue to rise.

随着中国对电力的高需求、国内生产的干扰以及昂贵的亚洲液化天然气(LNG)的影响，纽卡斯尔港的动力煤价格有可能在不久的将来继续上涨至每吨135-137美元。如果中国继续增加进口，且高温天气持续，价格有可能尝试突破每吨140美元。

With China's high demand for electricity, domestic production disruptions, and the impact of expensive Asian liquefied natural gas (LNG), the price of thermal coal at the Newcastle Port is likely to continue to rise to between $135 and $137 per ton in the near future. If China continues to increase imports and if the hot weather persists, the price may attempt to break through $140 per ton.