【SMM Daily Review: Coke Price Fell This Week, Coke Fundamentals Remained Stable】

This week, the price of coking coal fluctuated narrowly and auctions in the coking coal market warmed up slightly. From the perspective of supply, the supply of coking coal remained stable this week, and there were no significant changes in the production rhythm of coal mines. In terms of demand, downstream coke enterprises maintained high production levels and purchased coke as needed. The demand side support was relatively strong, and it is expected that the price of coking coal will remain stable in the short term.