[SMM Daily Comment: Coke Fundamentals Maintain a Tight Balance in Supply and Demand, Coke Prices Remain Stable]

On the supply side, the production rhythm of coal mines has stabilized, with little overall change. In terms of demand, coke enterprises mainly procure on an as-needed basis, and traders' speculation enthusiasm is not high, leading to a stable operation of coal mine shipments. In the short term, the pattern of supply and demand for coking coal will continue to be stable. Although there is a short-term disruption caused by the suspension of Mongolian coal customs clearance, the price of coking coal will not fluctuate much, remaining mainly in a narrow range of volatility.