According to the commodity analysis system of Shengyi Society, the price of coking coal has remained stable this week. From July 9th to July 12th, the average price of coking coal was 2045 yuan/ton.
The coking coal market has been operating steadily this week. At present, coal mines in Shanxi are operating normally with a balanced market supply and demand, but there is not much room for growth. The support for the coke market is still acceptable, and the coke market is currently running steadily. In terms of supply, there has been little change in the production of coke enterprises, and the supply of coke is relatively stable. Enterprises are actively releasing their inventory. On the demand side, downstream steel mills are under market pressure and are cautious in procurement, mainly focusing on on-demand procurement.
According to analysts from Shengyi Society, the price of coking coal has remained stable this week, and the downstream coking enterprise market has been operating steadily recently. The steel market is under pressure, and the purchase of coke is cautious. The demand for coking coal is average, and the overall supply-demand game mainly focuses on the short-term price or pressure operation of coking coal, with specific consideration given to downstream market demand. It is expected that the price of coking coal will remain stable in the short term, and attention still needs to be paid to the supply and demand situation and the transaction of building materials in the future.
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