SMM Daily: Downstream coking steel enterprises have basically completed stockpiling, and coking coal prices remain stable. Today, the coking coal market is running steadily compared to yesterday, with coal transportation in western and central China being somewhat affected by snowfall. However, due to adequate stockpiling by downstream coking steel enterprises, there is currently no impact on market prices. In terms of fundamentals, as the Spring Festival approaches, the coking coal market is gradually showing a weak supply and demand situation, and it is expected that coking coal prices will remain stable in the short term.
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