In the early morning of July 16, the import coking coal market in Mongolia remained stable.

In the early morning of July 16, the import coking coal market in Mongolia stayed stable. Today, the official closure of the three main Mongolian coal ports has formally ended and resumption of clearance has begun. During the Naadam period, the expected reduction in supply to the Mongolian coal market provided some support for the market; overall trading sentiment was average, coal prices saw only minor fluctuations, and there was no expectation of a sharp rise. Port inventories fell to 3.8 million tons. The subsequent trend of coal prices still needs to be monitored.

Current at Ganqi Maodu Port: Mongolian 5#原煤1163，蒙5# premium coal 1386, Mongolian 4#原煤1127，蒙3# premium coal 1220, 1/3 coking raw coal 780; Hebei Tangshan: Mongolian 5# premium coal 1520; Ceke Port: Marka A670, Marka X740, Eosike A580, Eosike B680, Nangobai A710, Nangobai B560, Tera raw coal 550; Mandula Port: primary coking premium coal 1040, gas raw coal 580. All are tax-included cash prices settled based on the corresponding delivery location.

Going forward, key focus remains on port bonded-area inventory levels, the restart of domestic coal mines in production areas, and how fluctuations in domestic iron-melt output affect trading. (Unit: yuan/ton) (My Steel Network)