SMM Daily Report: Futures market volatile, coking coal prices stable

Today, coking coal prices remained stable, with the start of the first round of price increases for coke, and the market sentiment becoming more bullish. On the supply side, coal mine production remained stable with little change. On the demand side, although downstream coke producers have initiated the first round of price increases, coke enterprises are still cautious in their purchases, and coking coal transactions remain stable. However, with the expected rise in coke prices, coking coal prices are expected to remain stable with a slight upward trend.