Published: Apr 1, 2024 17:00

SMM Daily Review: Weak transaction in coking coal market, strong bearish sentiment in coke

Today, the overall transaction in the coking coal market is weak, with coke enterprises mainly purchasing on demand, and market sentiment weakening again. Looking ahead, with the decline in the operating rate of coke enterprises, the demand for coking coal continues to decrease. In addition, the short-term improvement in the terminal steel market is difficult to see, and it is expected that coking coal prices will continue to operate weakly.

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SMM Daily Review: Weak transaction in coking coal market, strong beari - Shanghai Metals Market (SMM)