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Import Australian thermal coal spot market remains steady with a slight upward trend
On March 4th, the imported Australian thermal coal spot market remained steady to slightly strong. The demand from non-electric end-users is still limited, with only a small amount of urgent procurement supporting the market. Overall trading sentiment is dull. Currently, imported high-calorie coal resources are tight at ports, and traders are maintaining firm quotes due to high costs. The current Australian coal Q5500 delivery price is around 800 yuan/ton, fluctuating narrowly. Future market trends will depend on the resumption pace of non-electric enterprises and actual procurement releases. (My Steel Network)