【SMM Daily Comment: Strong Demand for Steel Mills to Replenish Inventories, Coke Prices Operating on the Stronger Side】

The trading of coking coal was average today. The downstream coke enterprises' demand for replenishing inventories fell significantly, and the market's wait-and-see attitude towards high-price resources intensified. Overall, the enthusiasm for purchasing has dropped significantly compared to the previous few days. Looking ahead, downstream coke prices are still expected to rise to a certain extent. Therefore, the market still expects a certain rise in coking coal prices. In the short term, coking coal prices will continue to operate in a stable-to-strong trend.