【SMM Daily Review: Basic Conditions of Coke Stable, Prices Mainly Stable】

The market for coking coal remained stable today. In terms of supply, the overall supply of coal mines was stable. Due to safety production cuts and accidents, the increase in coal mine supply was less than expected. On the demand side, the operation rate of coking plants remained high, and the demand support for coking coal was still there. However, downstream purchasers were generally cautious and strongly resisted high-price resources. Therefore, in the short term, the price of coking coal will continue to be stable with a slightly stronger trend.