[SMM Daily Review: The Eighth Round of Coking Coal Price Cuts has landed, while the price of coking coal remains stable.

Today, the Eighth Round of Coking Coal Price Cuts has fully landed, causing further losses for coking plants and the demand is expected to weaken again. On the supply side, most coal mines are operating normally, ensuring overall supply stability. However, on the demand side, with the Eighth Round of Coking Coal Price Cuts, coking enterprises may reduce purchasing, leading to lower coking coal prices. Therefore, in the short term, coking coal prices are expected to continue to trend weakly.]