In the morning, the imported Mongolian coking coal market is performing weakly.

On the morning of July 2, the imported coking coal market in Mongolia was operating on the weaker side. Coke prices have completed nine rounds of price increases; the profit margins of coking enterprises have been somewhat restored, and procurement interest has slightly rebounded. However, actual downstream buyers are taking a cautious approach, with insufficient willingness to chase higher prices. Looking ahead, the upcoming Naadam Festival will help digest the high inventory at the ports in the short term, providing phased support for coal prices.

As of now, at Ganqi Maodu Port: Mongolian 5#原煤1156，蒙5# washed coal 1339, Mongolian 4#原煤1175，蒙3# washed coal 1210, and 1/3 coking raw coal 800. At Hebei Tangshan: Mongolian 5# washed coal 1570. At Ceke Port: Mark A670, Mark West 740, Osk A500, Osk B600, South Gobi A730, South Gobi B580, and Terra raw coal 550. At Mandula Port: main coking washed coal 1040 and gas raw coal 580. All figures are tax-included cash settlement prices at the corresponding delivery locations.

Next, key focus should be on the inventory situation in the port regulatory areas, the restart of production at domestic coal mines, and how fluctuations in domestic hot metal output affect trading. (Unit: yuan/ton) (MySteel)