According to the Commodity Analysis System of SunSirs, coking coal prices are consolidating and operating. At the beginning of the week, the average market price was 1,700 RMB/ton, while on the weekend, the average market price was 1,702.5 RMB/ton, with a price increase of 0.15% and a decrease of 42.06% compared to the same period last year. On June 15th, the energy index stood at 887 points, unchanged from yesterday, a decrease of 43.18% from the cycle's highest point of 1,561 points (2021-10-21), and an increase of 73.58% from the lowest point of 511 points on March 1st, 2016. (Note: The cycle refers to the period from December 1st, 2011 to the present)

In terms of production area, the coal mine has maintained normal operation, the overall supply of coking coal is relatively stable, and the overall inventory pressure is average. The downstream coke market has seen relatively stable coke production, with enterprises actively shipping. Recently, the steel factory's profits have recovered, and the mood has improved, actively shipping. However, the upward momentum is insufficient, and more purchases are made on demand. It is expected that the price of coke will temporarily stabilize in the short term.

According to SunSirs coking coal analysts, coking coal maintains normal production. As downstream steel mills increase profits, their demand for coke may increase. Overall, the price of coking coal may tend to be stronger and more stable, depending on downstream market demand.

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