Thermal coal prices tick up in Ordos (Dec 27, 2024)

Thermal coal prices ticked up in Ordos, Inner Mongolia. One miner raised raw coal (CV 5,800, S 0.2%) prices by 10 yuan/t to 590 yuan/t, mine-mouth with VAT. Improved market sentiment, coupled with some restocking efforts ahead of the Spring Festival, boosted purchases at railway stations. Some miners reported increased truck arrivals and modest price rises.

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