Morning imports of Mongolian coking coal market remains relatively strong.

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On the morning of March 25, the import coking coal market in Mongolia has been operating strongly. On Monday, coking plants initiated their first round of coking coal price increases, but as of now it has still not been implemented. Mongolian coal trade companies’ quotations for prime coking coal remain at a high level; with fluctuations in futures and spot sentiment being fairly large, transactions are also mostly made between futures/spot trading enterprises. In terms of electronic bidding: Mongolian 3#精煤成交价已超过现货市场交易价格,后续煤价走势仍有待观望。现甘其毛都口岸:蒙5# raw coal 1171, Mongolian 5#精煤1240,蒙4# raw coal 1100, Mongolian 3#精煤1214,1/3焦原煤720;河北唐山:蒙5# coking coal 1450; Ceke Port: Marka A550, Marka Xi 620, Osk A440, Osk B530, Nangebi A670, Nangebi B480, Tera raw coal 550; Mandula Port: prime coking coal 850, gas raw coal 540; all are the corresponding pickup-location settlement VAT-inclusive cash prices. Going forward, key focus should be on the inventory situation in the port regulatory zones, the resumption of domestic coal mines in producing areas, and how fluctuations in domestic hot metal output affect trading. (Unit: yuan/ton) (My Steel Network)

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