Thermal coal prices in Ordos, Inner Mongolia frequently decline (Dec 18, 2024)

Thermal coal prices in Ordos, Inner Mongolia frequently declined. After top coal mining group cut purchasing prices for third-party coal again on Dec 17, a large number of local mines followed suite and cut prices by 10-20 yuan/t. Only several mines reported better sales after price drops. Some traders have already started vacation, and prices are hard to stabilize in the near term.

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