【SMM Daily Commentary: Third Round of Price Hike by Steel Mills Takes Effect, Coke Plants Favor Shipping】

On the demand side, coke enterprises have a strong demand for replenishing stocks this week, driving the continued rise of coking coal prices. With the third round of price hikes for coke taking effect, there are still expectations for further increases in coking coal prices. However, considering that many traders have begun to cash in their profits recently, the supply of coking coal may increase, thus limiting the upward pressure on coking coal prices.