Chinese domestic coal prices stay below global benchmarks due to massive production scale. Coal output hit 2.78 billion tons Jan-Jul 2025 up 3.8% year-over-year. Coal imports dropped 13% to 257 million tons in same period. China on track for record 4.8 billion tons total in 2025 after 4.7 billion in 2024. High supply crushes prices making coal cheaper than renewables. China pursues dual path adding coal capacity while expanding solar nuclear. Untapped shallow coal deposits unlike deep EU mines. China India US value growth over greenhouse gas cuts. Coal prices trended down in 2025 staying stable below 100 USD per ton. Cheap coal locks in economic advantages secures energy supply. Coal vital for chemicals like fertilizers plastics reducing oil gas imports. Coal-to-chemicals capacity to rise 40% in four years. Coal chemicals emit far more CO2 than oil or gas based production. World outside EU sees coal as wealth not curse. Coal stabilizes demand amid industrial chemical boom.