Qipanjing coking coal auctions conclud with lower hammer prices (Dec 25, 2025)

On Dec 25, one major miner in Qipanjing of Inner Mongolia started an online auction of low-S fat coal (S 0.8%, A 15%) at 970 yuan/t and closed the deal at 1,000 yuan/t, down 10 yuan/t from Dec 18. The miner also concluded deals of low-S fat coal (S 0.8%, A 12%) 1,140 yuan/t, down 10 yuan/t, with the starting bid at 1,110 yuan/t.

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