[SMM Daily Comment: Futures Market Fluctuates Widely and Coke Prices Remain Stable]

Recently, affected by the central government meeting, the production restrictions of major coking coal producing areas in Shanxi have increased, resulting in a slight reduction in supply. On the demand side, although traders are still mainly taking a wait-and-see attitude, speculative demand is weak, and coking plants are purchasing on an as-needed basis, the operating rate of coking enterprises remains high, and the demand side remains stable. In the short term, the price of coking coal will remain stable.