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Morning: Mongolian imported coking coal market operates on a weak trend
On the morning of February 27, Mongolia’s imported coking coal market remained weak. Futures night trading continued to decline, and supply in the Mongolian coal market stayed high. Traders are willing to support prices, but the momentum for price increases is weak, and confidence in the future trend of coal and coke prices is lacking. Domestic coking coal resources are temporarily stable, port clearance vehicle numbers remain high, and the future trend of coal and coke prices is uncertain. Currently at Ganqimaodu Port: Mongolian 5#原煤1000,蒙5# premium coal 1197, Mongolian 4#原煤970,蒙3# premium coal 1050, 1/3 coke raw coal 700; at Tangshan, Hebei: Mongolian 5# premium coal 1390; at Ceke Port: Mark A 550, Mark West 610, Osk A 440, Osk B 530, South Gobi A 610, South Gobi B 430, Taila raw coal 550, Bayin low-sulfur briquette premium coal 650, Bayin low-sulfur gas briquette premium coal 620; at Mandula Port: main coking coal 820, gas raw coal 570. All prices are tax-included cash settlement prices at the respective pickup locations. Going forward, 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)