SMM Daily: The sixth round of price increases for coking coal has begun, with coking coal prices continuing to decline.

Today, Shanxi Linfen has requested Mingzhu mine to stop production for rectification, but the actual impact on the supply side is limited. On the demand side, downstream coking plants continue to show low purchasing intentions, and the online bidding for coking coal is bleak. Looking ahead, due to the short-term difficulty in improving the profitability of coking plants, the low demand will continue to bring downward pressure on coking coal.