[SMM Daily Comment: Coke Futures Fluctuate Upward, Coke Spot Market Remains Stable]

Today, the coking coal futures fluctuated upward, but the spot market response was flat. On the supply side, coal mine production remained stable with little change, and although some mines have slightly accumulated inventory, the overall pressure is tolerable. On the demand side, downstream coke enterprises and traders are cautious, and market transactions are sluggish. It is expected that the price of coking coal will remain stable with a tendency to weaken in the short term.