SMM Daily: Large-scale rain and snow weather affects transportation, overall weak demand for coking coal

Today, the market reported that Shanxi has launched special rectification of "three exceeds" and concealed working faces in coal mines, and coal mine safety supervision continues to tighten. There are also reports in the market of planned production cuts by Lu'an for several days and Shanmei International, leading to a significant surge in the futures market, but the news has not been confirmed and is currently seen to have limited impact on the spot market.