Morning imports: Mongolian coking coal market remains stable for now

On the morning of May 9th, the imported coking coal market in Mongolia remained stable. The third round of coke price increases is still under negotiation, with end-user companies maintaining just-in-time procurement. Market transactions are not ideal, limiting further upward movement of spot prices. Mongolia’s coal clearance volume continues to operate at a high level, and traders’ inventory pressures have not eased, with a slightly cautious and watchful attitude. Currently at the Ganjimaodu port: Mongolia 5#原煤1125，蒙5# refined coal 1249, Mongolia 4#原煤1090，蒙3# refined coal 1200, 1/3 coke raw coal 800; in Tangshan, Hebei: Mongolia #5 refined coal 1510; at the Ceke port: Mark A 590, Mark West 660, Ousk A 480, Ousk B 580, South Gobi A 650, South Gobi B 500, Tula raw coal 550; at Mandula port: main coke refined coal 970, gas raw coal 580; all are cash prices including taxes based on the corresponding pickup locations. Future focus will be on the inventory levels in port supervision zones, the resumption of domestic coal mines, and the impact of fluctuations in domestic pig iron production on trade. (Unit: yuan/ton) (My Steel Network)