This week, the coking coal market has been operating steadily, but currently the trading atmosphere is cold and the mood is low. Downstream procurement of raw materials is cautious, with a focus on essential purchases and limited upward momentum in coking coal prices. 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.

Downstream: Overall, downstream procurement of raw materials is more cautious, with a focus on essential purchases. The market price of steel has increased. On the afternoon of the 24th, Tangshan Qian'an Pu Fang resources increased their factory production tax by 20, with a cumulative increase of 50, to 2,990 RMB/ton, providing support for coking coal prices.

According to analysts from SunSirs, it is expected that the coking coal market will continue to fluctuate and 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.

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