【SMM Daily Review: Futures Rise Significantly, Coke Prices Stable】

Today, futures of coking coal rose sharply, sentiment in spot market improved, and online auctions saw a slight rebound. From a fundamental perspective, supply and demand for coking coal remained stable overall, and downstream coking plants remained cautious in procurement. Therefore, in the short term, although futures have shown a strong trend recently, with downstream demand generally cautious, coking coal prices are expected to remain stable in the short term.