Sea freight coking coal port spot market remains stable in operation

On February 11, the maritime spot market for coking coal at ports remained stable. Mainstream ports showed low arrival sentiment, with inventories of various coal types slightly declining. Traders increased inquiries for forward contracts, expecting a replenishment market after the holiday. Currently, the replenishment activity in the mid-to-lower stream is nearing completion, port inquiries have weakened, and transactions are mostly driven by immediate needs. The prices of origin coal have slightly decreased, and port spot prices follow fundamental logic, with offers softening and trading remaining weak. Currently, K4 prime coking coal at Hebei ports is 1,300 RMB/ton, and at Shandong ports is 1,300 RMB/ton; GJ1/3 coking coal at Hebei ports is 1,175 RMB/ton, and at Shandong ports is 1,190 RMB/ton; Elga premium coal at Hebei ports is 1,075 RMB/ton, and at Shandong ports is 1,150 RMB/ton; Inalyn premium coal at Hebei ports is 1,165 RMB/ton, and at Shandong ports is 1,205 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; Balle gas premium coal at Hebei ports is 900 RMB/ton, and at Shandong ports is 850 RMB/ton; Black Water 1/3 coking coal at Hebei ports is 1,230 RMB/ton, and at Shandong ports is 1,230 RMB/ton; Goyera prime coking coal at Hebei ports is 1,600 RMB/ton; Donia second-line coking coal at Hebei ports is 1,600 RMB/ton, and at Shandong ports is 1,600 RMB/ton; Standa first-line coking coal at Hebei ports is 1,650 RMB/ton, and at Shandong ports is 1,650 RMB/ton; Knuma second-line coking coal at Hebei ports is 1,590 RMB/ton, and at Shandong ports is 1,590 RMB/ton. All prices are port cash including tax for self-pickup. (My Steel Network)