Import Mongolia Power Coal Spot Market Runs Stable with Slight Weakness

On March 18, the spot market for imported Mongolian thermal coal remained stable with a slight downward trend. As end-user purchasing willingness further weakened, domestic coal prices declined this week, and this sentiment spread to ports, prompting some traders to slightly lower their quotes. Market transactions were limited. Currently, the ex-warehouse price for weathered coal at Gankimado Port is 3,900 yuan/ton for Q5500, at China Coal it is 4,900 yuan/ton for Q5500, and at Mandula Port, the ex-warehouse price for Q4800 is 3,550 yuan/ton. It is expected that the imported Mongolian thermal coal spot market will continue to fluctuate weakly in the short term. (My Steel Network)

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