Publicado: Jun 14, 2024 16:11

[SMM Daily Review: Coke oven coal prices in some regions decline slightly, coke market remains stable]

Affected by macro news today, coke oven coal futures fluctuated upwards. In the spot market, due to the impact of the second round of coke price cuts, the purchasing power of coking plants was weak, traders became more cautious, and spot market transactions were sluggish. In the subsequent period, as there is still an expectation of coke price cuts, the demand side of coke oven coal is expected to remain weak. It is anticipated that coke oven coal prices will continue to be stable with a weak trend in the short term.

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[SMM Daily Review: Coke oven coal prices in some regions decline sligh - Shanghai Metals Market (SMM)