SMM Daily Review: Coking Coal Futures Plunge Sharply, Coke Spot Prices Remain Stable
Today, coking coal futures plunged sharply, and market bearish sentiment intensified again. Fundamentally, coking coal continued to exhibit a relatively loose supply pattern. Downstream coke enterprises generally purchased as needed, traders showed low speculative enthusiasm, and downstream demand remained weak. Looking ahead, the short-term supply and demand fundamentals of coking coal are unlikely to improve, but with stronger cost support, coking coal prices are expected to gradually stabilize.
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![[SMM inventario de carbón coquizable y coque] Esta semana, el inventario de coque en las empresas coquizadoras fue de 449.000 toneladas](https://imgqn.smm.cn/usercenter/EXHJE20251217171720.jpg)
