SunSirs: The Coking Coal Market is Running weakly This Week

According to the commodity analysis system of SunSirs, the coking coal market has been running weakly this week. As of December 11th, the average market price of coking coal was 1,677.25 RMB/ton, a decrease of -2.19% from the beginning of the month.

The supply of coking coal from the production area continues to be sufficient, with low prices at the pithead and varying fluctuations in online transaction order prices. The downward trend has been reduced, and some prices have slightly increased. The market is mostly adopting a wait-and-see attitude, and the coking coal market is weak and declining. The downstream demand side has a good shipment situation, with little inventory pressure and improved profits. The enterprise's production capacity load is stable, and there may be incremental expectations for raw material procurement.

According to analysts from SunSirs, the coking coal market has been operating weakly this week. The downstream demand side has a good shipment situation, with little inventory pressure and improved profits. The enterprise's production capacity load is stable, and there may be incremental expectations for raw material procurement. 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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