Ordos Market: Thermal Coal Remains Weak and Stable

On April 7, the Ordos market’s thermal coal (dynamically supplied) ran weakly and steadily. Most coal mines in the region maintained normal production and sales, and market coal supply remained ample. Downstream users’ purchasing sentiment was relatively cautious; traders and coal plants showed limited operating enthusiasm. Some coal mines saw a reduction in hauling vehicles, and coal prices were adjusted slightly downward. After the price cuts, coal mine sales were still acceptable. Current Q5500 pithead (tax-inclusive) is quoted at 530-570 yuan/ton, Q5000 pithead (tax-inclusive) is quoted at 420-480 yuan/ton, and Q4500 pithead (tax-inclusive) is quoted at 330-400 yuan/ton. (My Steel)

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