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The imported Mongolian coking coal market is temporarily stable.
On March 17, the imported coking coal market from Mongolia remained stable. The futures market fluctuated, and port trading companies maintained high quotes, with some spot enterprises entering for purchases. Today, the Mongolian coal market saw an improvement in transactions; however, downstream physical enterprises have a limited tolerance for high-priced Mongolian coal and are currently taking a wait-and-see approach. All online electronic auctions in Mongolia were completed, and future transactions are expected to continue at a premium. Current prices at the Ganqimaodu port: Mong 5#原煤1100,蒙5# lean coal 1210, Mong 4#原煤1020,蒙3# lean coal 1140, 1/3 coking raw coal 700; Tangshan, Hebei: Mong 5# lean coal 1435; Ceke port: Mark A 550, Mark Xi 610, Ousk A 440, Ousk B 530, South Gobi A 640, South Gobi B 460, Tera raw coal 550; Mandula port: primary coking lean coal 820, gas raw coal 530; all prices are inclusive of tax cash quotes at the corresponding delivery points. Attention will be focused on the inventory situation in the port supervision area, the resumption of production in domestic coal mines, and the impact of fluctuations in domestic pig iron output on trade. (Unit: yuan/ton) (My Steel Network)