DAILY: Mongolian coking coal prices firm on anticipated supply disruptions

Mongolian benchmark coking coal prices rose at a major China-Mongolian border port on July 6, as near-term supply is expected to tighten following holiday port closures in Mongolia. Despite the supply disruption, Mongolian coal trades remained sluggish yesterday.

On Monday, the price for Mongolian 5# raw primary coking coal (A 18%, S 0.6%, G 80-85), climbed Yuan 35/tonne ($5.2/t) from last Friday to Yuan 1,200/t ex-stock Ganqimaodu port including the 13% VAT. Located in North China's Inner Mongolia, Ganqimaodu is a major conduit for Mongolian coal into