Coking Coal Market Steady Amid Macro Positives; Prices Poised for Upward Bias

[SMM Daily Commentary: Macro Positive News Emerges Again; Coke Prices Remain Stable]

The futures market was closed today, and the overall market for coking coal remained stable. On the macro front, the State Council press conference today once again released positive macroeconomic information, boosting market confidence and fueling bullish sentiment among traders. In terms of demand, downstream coking plants have turned profitable, leading to increased production enthusiasm and a slight increase in demand for coking coal. Therefore, in the short term, driven by end-user demand and macroeconomic positives, coking coal prices are expected to remain stable with an upward bias.