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Ordos Region Thermal Coal Market Maintains Stability
On March 3rd, the Ordos region’s thermal coal market remained stable overall. Most suspended coal mines have resumed normal production and sales, leading to an overall improvement in coal supply levels. Downstream terminals mostly continue to purchase on demand, with non-electric and station platform demands performing reasonably well. A few coal mines with larger price increases have seen reduced market acceptance, resulting in slight coal price adjustments. The overall upward trend at the mine mouth has slowed down. Currently, the Q5500 mine mouth price including tax is 510-550 yuan/ton, Q5000 mine mouth price including tax is 420-480 yuan/ton, and Q4500 mine mouth price including tax is 350-390 yuan/ton. (My Steel Network)