On the 18th, the price of coking coal remained stable

Today, the market price of coking coal remains stable. According to the monitoring system of Shengyi Society, as of September 18th, the price index of Shengyi Society’s coking coal was 1757.25 yuan/ton, unchanged from yesterday.

 

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Traders’ quotations remain stable, downstream customers are more cautious, and demand based procurement is the main focus. The purchasing atmosphere is not positive.

Many coal mining sites in Shanxi maintain normal production, while some areas have reduced production due to underground working face issues. However, overall, the supply side remains stable. There are signs of improvement in the demand side coke market, with market prices remaining stable but slightly strong.

 

According to analysts from Shengyi Society, it is expected that the market price of coking coal will remain stable in the later stage, and attention still needs to be paid to the supply and demand situation and building materials transactions in the future.

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