Morning Mongolian imported coking coal market is operating on a weak trend

On the morning of March 6, the market for imported coking coal in Mongolia ran weakly. The futures market saw choppy fluctuations; the expected first round of coking coal price reductions is anticipated to land today. With strong market wait-and-see sentiment, downstream steel mills are not showing much procurement interest, and transactions are mainly driven by just-needed demand. The price trend of coking coal remains to be observed. Now at the Ganqi Maduo Port: Mongolian 5#原煤1021，蒙5# washed coal 1175, Mongolian 4#原煤970，蒙3# washed coal 1065, and 1/3 coking raw coal 700; in Hebei Tangshan: Mongolian 5# washed coal 1390; at the Ceke Port: Marka A550, Marka X610, Usk A440, Usk B530, Nangobai A610, Nangobai B430, Tera raw coal 550, Bayin low-sulfur well-dried fine coal 650, Bayin low-sulfur semi-fine coal 620; at the Maduo La Port: premium coking washed coal 820, gas raw coal 530. All are corresponding ex-warehouse pickup place settlement, inclusive of tax, cash prices. Going forward, the key focus will be on port-regulated zone inventory levels, the domestic coal mine restart situation in domestic producing areas, and how fluctuations in domestic hot metal output affect trading. (Unit: yuan/ton) (My Steel)