Published: Feb 28, 2024 16:50

【SMM Daily Review: Main coking coal in Linfen area falls by 100 yuan/ton, coking coal market may remain stable】

Affected by the fourth round of coking coal price cuts, the price of low-sulfur main coking coal in Linfen fell by 100 yuan/ton today. On the supply side, coal mines in various areas are gradually resuming production, but the pace of coal mine resumption is relatively slow due to the stricter safety inspection situation this year. On the demand side, with the implementation of the fourth round of coking coal price cuts, downstream coking enterprises have lower production enthusiasm and demand performance is still weak. It is expected that the short-term coking coal market will continue to operate steadily.

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【SMM Daily Review: Main coking coal in Linfen area falls by 100 yuan/t - Shanghai Metals Market (SMM)