exclusivenodepositbonus| Jiao Lian Information: Coking coal market is stable and rising

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[Jiaolian Market Analysis] As expectations for the second round of coke price cuts weaken,exclusivenodepositbonus, the overall trend of the domestic coking coal market is gradually improving.

The domestic coking coal market remained stable today. On the supply side, the production capacity of the production area has gradually recovered, but some coal mines are still suspended, resulting in tight overall supply. Recently, some companies have begun to increase purchases despite declining inventories. Intermediaries have also actively participated, and the prices of some coal types have rebounded. On the demand side, due to rising prices in the dual coke futures market and slight increases in the downstream steel market, expectations of a coke price cut are weakening, and market sentiment is gradually improving. For coal types with high cost performance, coking companies with low inventories began to make up for positions in appropriate amounts. At the same time, the output of molten iron is operating at a high level, and the demand for raw materials remains strong. Outlook In the short term, the domestic coking coal market is expected to remain relatively stable.

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