Ordos market thermal coal is operating with a slight upward trend

On May 29th, Ordos market thermal coal is operating slightly stronger, with some coal mines completing their monthly production tasks and shutting down for maintenance at the end of the month, leading to a slight contraction in market supply. Recently, the enthusiasm for transportation by some terminals and stations has increased, coupled with continuous price hikes for external purchases by large groups, which has boosted market sentiment. Coal mines in production are shipping smoothly, and the pithead coal prices are gradually rising slightly. Currently, the tax-included price at Q5500 pithead is 580-650 yuan/ton, at Q5000 pithead is 480-530 yuan/ton, and at Q4500 pithead is 400-455 yuan/ton. (My Steel Network)
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