Sea freight coking coal port spot market remains weak and stable

On February 25, the spot market for metallurgical coke at ports remains weak and stable. Regarding supply, the holiday period has improved port arrival sentiment, with some increases in inventory for mainstream coal types; on the demand side, most mid- and downstream companies are in the post-holiday resumption phase, with slower production pace and cautious procurement of raw coal; in terms of market sentiment, many areas are in a state of price but no trading, with traders’ quotes following market fluctuations, but yesterday’s finished steel transactions were not optimistic, and traders’ quotes have softened. Currently, K4 main coking coal at Hebei ports is 1300 yuan/ton, and at Shandong ports is 1300 yuan/ton; GJ1/3 coking coal at Hebei ports is 1165 yuan/ton, and at Shandong ports is 1190 yuan/ton; Elga fertilizer coal at Hebei ports is 1060 yuan/ton, and at Shandong ports is 1130 yuan/ton; Inalyn fertilizer coal at Hebei ports is 1150 yuan/ton, and at Shandong ports is 1205 yuan/ton; K10 lean coal at Hebei ports is 1120 yuan/ton, and at Shandong ports is 1120 yuan/ton; SUEK gas coal at Shandong ports is 980 yuan/ton; Bairui gas fertilizer coal at Hebei ports is 900 yuan/ton, and at Shandong ports is 850 yuan/ton; Heishui 1/3 coking coal at Hebei ports is 1230 yuan/ton, and at Shandong ports is 1230 yuan/ton; Goyera main coking coal at Hebei ports is 1600 yuan/ton; Donia second-line coking coal at Hebei ports is 1550 yuan/ton, and at Shandong ports is 1550 yuan/ton; Standa first-line coking coal at Hebei ports is 1650 yuan/ton, and at Shandong ports is 1650 yuan/ton; Knuma second-line coking coal at Hebei ports is 1570 yuan/ton, and at Shandong ports is 1570 yuan/ton. All prices are port cash including tax for self-pickup. (My Steel Network)