Tag: Domestic Coal Prices

China: Traders rush to Mongolian borders for coal supply as domestic prices surge

Oct 6, 2022

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by

Rituparna Ghosh

in Non Coking

Amid a sharp rise in China’s domestic thermal coal prices, traders are looking at Mongolia to secure supplies. Thermal coal prices at Qinhuangdao climbed to RMB 1,520/t, up 16% m-o-m. Traders are heard making a profit of RMB 200/t by bringing Mongolian fuel to northern Chinese ports. Daily coal imports via Ganqimaodu at the Mongolian…