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The morning import market for Mongolian coking coal remains stable.
In the morning of April 3, the import market for Mongolian coking coal remained stable. In the near term, main coking coal has been constrained by weak end-user demand, while thermal coal has maintained stability supported by rigid demand. Port-trade companies’ quotes are temporarily steady; downstream companies’ inquiries and asking prices are relatively low. The market transaction atmosphere is quiet today. Mongolia’s electronic bidding has posted 8 auction lots totaling 268.8 thousand tons, and the transaction results are pending observation.
Currently at Ganqimaodu Port: Mongolian 5#原煤1100,蒙5# refined coal 1259, Mongolian 4#原煤1050,蒙3# refined coal 1170, and 1/3 coke raw coal 780.
At Tangshan, Hebei: Mongolian 5# refined coal 1465.
At Ceke Port: Mark A 560, Mark West 650, Osk A 490, Osk B 580, Nango Bi A 670, Nango Bi B 480, and Tila raw coal 550.
At Mandula Port: main coking refined coal 920, and gas raw coal 580.
All are tax-included cash prices settled at the corresponding delivery locations. Going forward, key focus will be on port regulatory zone inventory levels, the status of domestic coal mines resuming production, and how fluctuations in domestic blast furnace iron output affect trading. (Unit: yuan/ton) ( My Steel Network )