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The maritime shipment of coking coal at ports is operating under weak to stable conditions.
On April 2, the maritime spot market for coking coal at ports maintained weak but stable operations.
On the demand side, end-user companies hold relatively high inventories and keep a reasonable number of days of stock, mainly purchasing on an as-needed basis. On the supply side, coking coal supply from both production areas and ports is somewhat loose, meeting the market’s procurement demand. In terms of sentiment, port coking coal is heavily affected by futures; market participants remain on a wait-and-see stance. Going forward, it is still necessary to continue monitoring changes in coking coal futures and changes in demand for finished steel.
Current prices: K4 prime coking coal — Hebei port 1380 RMB/ton, Shandong port 1380 RMB/ton; GJ1/3 coking coal — Hebei port 1220 RMB/ton, Shandong port 1240 RMB/ton; Elga coking coal — Hebei port 1120 RMB/ton, Shandong port 1160 RMB/ton; Yinalin fat coal — Hebei port 1205 RMB/ton, Shandong port 1260 RMB/ton; K10 lean coal — Hebei port 1180 RMB/ton, Shandong port 1180 RMB/ton; gas coal SUEK — Shandong port 1050 RMB/ton; Baili gas fat coal — Hebei port 950 RMB/ton, Shandong port 900 RMB/ton; Heishui 1/3 coking coal — Hebei port 1300 RMB/ton, Shandong port 1300 RMB/ton; Gongyela prime coking coal — Hebei port 1700 RMB/ton; Donia second-line coking coal — Hebei port 1650 RMB/ton, Shandong port 1650 RMB/ton; Standar first-line coking coal — Hebei port 1680 RMB/ton, Shandong port 1680 RMB/ton; Knuma second-line coking coal — Hebei port 1590 RMB/ton, Shandong port 1590 RMB/ton. All of the above are port cash, including-tax self-pickup prices.
(my steel network)