On February 2, Mongolian company ER conducted an online auction for coking coal. The starting price for Mongolian No. 3 premium coal (A11, V20-28, S0.85, G75, Mt10) was 800 yuan/ton. The total listed quantity of 12,800 tons was fully sold at a transaction price of 880 yuan/ton, representing an increase of 10 yuan/ton compared to the previous auction on the 29th. All prices mentioned are exclusive of taxes. The delivery location is the supervised area of the Ganqimaodu Port in China, with delivery scheduled within 90 days after payment. The final delivery date is May 3, 2026.

PriceSeek analysis of coking coal, with a bullish-bearish score: +1.5.
The article reports that the auction price for Mongolian company ER's coking coal reached 880 yuan/ton, an increase of 10 yuan/ton compared to the previous auction, with all 12,800 tons fully sold. This indicates strong market demand and tight supply, directly benefiting spot prices and potentially driving up the benchmark price in the spot market. Combined with coking coal futures data, the main contracts on the Dalian Commodity Exchange, such as 2605 (closing price on January 30, 2026: 1,155.5 yuan/ton, up 35 yuan) and 2609 (closing price: 1,232.5 yuan/ton, up 32.5 yuan), show a recent upward trend, with changes in open interest reflecting bullish market sentiment. The rise in the auction price may reinforce expectations of further increases in futures prices, hence the score of +1.5, indicating a relatively strong positive impact.