Sea freight coking coal port spot market remains weak and stable

As of February 27, maritime spot prices for coking coal at ports remain weak and stable. Currently, terminal inventories are maintained at safe levels, with no significant purchasing plans. Prices for Shanxi coal types have declined somewhat, and market participants are mostly observing. Coupled with weaker trends in coking coal futures, port coking coal prices are under downward pressure and are expected to fluctuate and decline in the short term. Currently, K4 main coking coal at Hebei ports is 1,320 RMB/ton, and at Shandong ports is 1,320 RMB/ton; GJ1/3 coking coal at Hebei ports is 1,160 RMB/ton, and at Shandong ports is 1,180 RMB/ton; Elga fertilizer coal at Hebei ports is 1,040 RMB/ton, and at Shandong ports is 1,090 RMB/ton; Inalyn fertilizer coal at Hebei ports is 1,140 RMB/ton, and at Shandong ports is 1,200 RMB/ton; K10 lean coal at Hebei ports is 1,120 RMB/ton, and at Shandong ports is 1,120 RMB/ton; SUEK gas coal at Shandong ports is 980 RMB/ton; Bairui gas fertilizer coal at Hebei ports is 900 RMB/ton, and at Shandong ports is 850 RMB/ton; Heishui 1/3 coking coal at Hebei ports is 1,230 RMB/ton, and at Shandong ports is 1,230 RMB/ton; Goyera main coking coal at Hebei ports is 1,600 RMB/ton; Donia second-line coking coal at Hebei ports is 1,550 RMB/ton, and at Shandong ports is 1,550 RMB/ton; Standa first-line coking coal at Hebei ports is 1,590 RMB/ton, and at Shandong ports is 1,590 RMB/ton; Knuma second-line coking coal at Hebei ports is 1,540 RMB/ton, and at Shandong ports is 1,540 RMB/ton. All prices are port cash tax-included self-pick-up prices. (My Steel Network)