【SMM Daily Review: Both coke spot markets showed decent transaction volumes, and coke prices remain stable】

In terms of supply, recently, coal mines have continued to produce normally, with overall supply fluctuations remaining small. It is expected that short-term supply will continue to run stably. In terms of demand, downstream coke enterprises mainly purchase on demand, while traders are more cautious and watching the market closely. Although downstream coking plants have decent demand for coking coal driven by high operating rates, due to the fact that terminal steel consumption has entered a slack season, coke enterprises are generally cautious when purchasing, and it is expected that short-term coking coal prices will tend to weaken while remaining stable.