【SMM Daily Review: Some Coke Enterprises Are Brewing the First Round of Price Increase, Coke Market Remains Stable】

Today, the futures of coking coal fell sharply, and market sentiment turned weak again. In terms of supply, coal mine production has mostly remained stable, and the progress of increasing production has generally been slow, with no significant increase in supply. On the demand side, downstream coke enterprises generally purchase on demand, and online auction transactions are still acceptable. Looking ahead, although the weakness of the futures market has brought certain expectations of a decline to the market, considering that the downstream coke enterprises' demand is still there, the short-term coking coal price will remain stable.