SMM daily review: Coking coal prices remain stable, coking coal market supply and demand are weak on both sides.

On the supply side, the situation of coal mine safety inspections is becoming more stringent, and the pace of resumption of production in coal mines is relatively slow. Transportation has basically returned to normal, and various coal mines are actively shipping. On the demand side, coking enterprises are mainly purchasing on-demand, with weak willingness to replenish and stockpile, and overall market transactions are weak. Looking ahead, downstream coking enterprises are still incurring losses, and the overall raw material procurement willingness is poor. Although the supply side has not recovered as expected, under the situation of weak demand, there is still certain downward pressure on coking coal prices.