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

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On the morning of March 16, Mongolia’s imported coking coal market remained stable. Although the main coking coal prices in Mongolia fluctuated upward last week, the increase was limited by supply and demand balance and market cautiousness. Prices offered by port trading companies remained high, with port inventories exceeding 4.4 million tons, and the future trend of futures markets remains to be seen. Currently at Ganchimautou Port: Mongolia 5#原煤1090,蒙5# refined coal at 1210, Mongolia 4#原煤1020,蒙3# refined coal at 1135, raw coal for 1/3 coke at 700; at Tangshan, Hebei: Mongolia 5# refined coal at 1390; at Ceke Port: Mark A at 550, Mark West at 610, Osk A at 440, Osk B at 530, South Gobi A at 640, South Gobi B at 460, Tula raw coal at 550; at Mandula Port: main coking refined coal at 820, gas raw coal at 530; all are tax-included cash prices based on the respective delivery locations. Future focus will be on port regulatory zone inventory levels, domestic coal mine resumption status, and the impact of fluctuations in domestic pig iron production on trade. (Unit: yuan/ton) (My Steel Network)

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