Morning: Mongolia's imported coking coal market remains stable for now

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On the morning of February 6th, Mongolia’s imported coking coal market remains stable. After the first round of coke price increases, there is insufficient momentum for further rises, and the market has entered a calm pre-holiday period. Coal prices are temporarily stable. Mongolian coal port trading companies are willing to maintain prices, but end-user companies have limited capacity to accept high-priced Mongolian coal. Overall sentiment is cautious. Port inventories remain above 3.9 million tons, and the future trend of futures prices remains to be seen. Currently at Ganqimaodu Port: Mongolian 5# refined coal #原煤1060,蒙5# 1230, Mongolian 4# refined coal #原煤990,蒙3# 1100, raw coal for 1/3 coke #原煤1060,蒙5# 700; at Tangshan, Hebei: Mongolian 5# refined coal 1430; at Ceke Port: Mark A 540, Mark West 600, Osk A 460, Osk B 550, Nango Bi A 610, Nango Bi B 440, Taila raw coal 550, Bayin low-sulfur premium refined coal 650, Bayin low-sulfur gas-fertilizer refined coal 620; at Mandula Port: main coke refined coal 820, gas raw coal 570. All prices are tax-included cash prices based on the corresponding pickup locations. Future focus will be on port regulatory zone inventory levels, domestic coal mine resumption status, and the impact of fluctuations in domestic iron and water production on trade. (Unit: yuan/ton) (My Steel Network)

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