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Ordos Region Thermal Coal Market Remains Stable
On February 10th, the Ordos region’s thermal coal market remained stable. As the Spring Festival holiday approaches, the number of coal mines suspending production and taking holidays has gradually increased, and coal supply continues to tighten; most downstream users have completed pre-holiday stock replenishment. Market trading activity is not high, but driven by port price increase sentiment, demand at some stations has improved, and some active coal mines are adjusting prices within a narrow range. Currently, the Q5500 mine mouth including tax is quoted at 500-560 yuan/ton, the Q5000 mine mouth including tax is quoted at 390-440 yuan/ton, and the Q4500 mine mouth including tax is quoted at 340-370 yuan/ton. (My Steel Network)