【SMM Daily Comment: Futures of the Black Series Show Strong Momentum, and Coking Coal Spot Prices Remain Stable】

As the futures market continues to strengthen recently, the transaction volume in the coking coal market has picked up, and online bidding transactions have improved, with a slight increase in resources in some regions. On the demand side, the downstream sector is still strong, mainly based on on-demand procurement. Coke enterprises currently maintain a high level of operating rate, and the demand for coking coal is still supported. In the short term, coking coal prices will continue to fluctuate narrowly.