【SMM Daily Comment: Futures Market Experiences Narrow Fluctuations, Coke Price Expected to Remain Stable】

Today, the futures of coking coal experienced narrow fluctuations, and the spot market transactions remained stable. Although coke prices went through a round of slight increase this week, the purchasing enthusiasm of downstream coke enterprises remained low, with most purchases being made on an on-demand basis. Traders are highly cautious, and speculative demand in the market is relatively weak. Looking ahead, the fundamentals of supply and demand of coking coal will remain stable, and in the short term, the price of coking coal is expected to fluctuate narrowly.