[SMM Daily Review: The Rumor of Production Limitation Impacts the Market, Coke Fundamentals Are Strong]

Today, news broke that there would be a significant cut in crude steel production, which led to a sharp decline in the futures of coking coal towards the end of the trading day. On the supply side, coal mines continued to resume production slowly, with little change on the supply end. On the demand side, downstream traders were cautious, and coking plants mostly purchased based on demand, with stable demand. It is expected that the price of coking coal will continue to remain stable in the short term.