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Ordos Region Thermal Coal Market Remains Weak and Stable
On February 6th, the Ordos region’s thermal coal market remained weak and stable. As the Spring Festival holiday approaches, the number of coal mines suspending production and taking holidays has gradually increased, leading to continued tightening of coal supply. Downstream power plants have mostly completed pre-holiday stock replenishment, maintaining only necessary transportation. Currently, transportation vehicles from surrounding coal mines have decreased, and traders’ purchasing enthusiasm is relatively weak. The prices of active coal mines are mainly stable with slight adjustments. Currently, the tax-included price at Q5500 pithead is 500-560 yuan/ton, at Q5000 pithead is 390-440 yuan/ton, and at Q4500 pithead is 340-370 yuan/ton. (My Steel Network)