Sea freight coking coal port spot market remains weak and stable

February 28: Sea-borne coking coal port spot prices are weak but stable. The futures market is closed for the holiday today, and trading activity at the ports is somewhat subdued. Market quotes are relatively cautious. Downstream buyers still show price-cutting inquiries, and some traders engage in bargain hunting. Some secondary-line semi-soft coking coal trades have been concluded, with price reductions ranging from 20–50 yuan/ton. Current K4 prime coking coal at Hebei ports is 1320 yuan/ton, and at Shandong ports is 1320 yuan/ton; GJ1/3 coking coal at Hebei ports is 1150 yuan/ton, and at Shandong ports is 1180 yuan/ton; Elga fat coal at Hebei ports is 1040 yuan/ton, and at Shandong ports is 1090 yuan/ton; InaLin fat coal at Hebei ports is 1140 yuan/ton, and at Shandong ports is 1200 yuan/ton; K10 lean coal at Hebei ports is 1120 yuan/ton, and at Shandong ports is 1120 yuan/ton; gas coal SUEK at Shandong ports is 980 yuan/ton; Baily gas-fat coal at Hebei ports is 900 yuan/ton, and at Shandong ports is 850 yuan/ton; Black Water 1/3 coking coal at Hebei ports is 1230 yuan/ton, and at Shandong ports is 1230 yuan/ton; Gungeala prime coking coal at Hebei ports is 1600 yuan/ton; Donia secondary-line coking coal at Hebei ports is 1500 yuan/ton, down 50 yuan/ton; at Shandong ports is 1500 yuan/ton, down 50 yuan/ton; Standar first-line coking coal at Hebei ports is 1590 yuan/ton; at Shandong ports is 1590 yuan/ton; Knuma secondary-line coking coal at Hebei ports is 1520 yuan/ton, down 20 yuan/ton; at Hebei ports is 1520 yuan/ton, down 20 yuan/ton. All of the above are port cash, tax-included ex-works self-pickup prices. (My Steel Network)