[SMM Daily Comment: Futures Market Fell Sharply at the Close, Coke Price Remained Stable]

On the demand side, downstream coke enterprises mainly purchased according to demand, and traders were cautious and waited on the sidelines, resulting in overall stable market transactions. On the supply side, coal mine production was stable, and the impact of the central meeting was limited, leading to stable supply. The online auction transactions were generally average, with slight price increases in some coal types. Downstream enterprises mainly purchased according to demand. In the short term, coking coal prices are expected to continue fluctuating narrowly.