SMM Daily: It is expected that the start-up of coking enterprises will decline and the price of coking coal will remain stable.

On the supply side, coal mines in various regions have resumed production one after another, but due to the worsening situation of coal mine safety inspections this year, the pace of resumption is relatively slow. On the demand side, although the raw material inventory of downstream coking plants is at a medium to low level, their own profits are not good, and the enthusiasm for replenishing inventory is low, and the main procurement is generally based on demand. Therefore, the supply and demand fundamentals of coking coal will continue to deteriorate, and with the coking plants demanding lower prices for raw materials, the short-term price of coking coal will continue to run weakly stable.