The coking coal market remained stable last week. According to the monitoring system of SunSirs, as of April 16th, the price index of SunSirs's coking coal was 1,426 RMB/ton, an increase of 1.24% from the beginning of the month.

Supply side: Some coal mines in the northwest region have suspended production and reduced supply, but the overall impact is not significant.

Downstream: The market prices of downstream steel mills have decreased, and transactions are average. Most of them are purchased on demand, with low inventory. The steel market trading is average, with low price transactions still acceptable and stable prices.

According to analysts from SunSirs, it is expected that the coking coal market will operate steadily in the later stage. We still need to pay attention to the supply and demand situation and the transaction of building materials in the future.

If you have any enquiries or purchasing needs, please feel free to contact SunSirs with support@sunsirs.com.