Last week, the domestic coking coal market was mainly volatile. According to the monitoring system of SunSirs, as of August 15th, the price index of SunSirs's coking coal was 1,421.25 RMB/ton, an increase of 2.16% from the beginning of the month.

Supply side: Domestic coal mine production is gradually recovering, inventory is slightly loose, and some coal mines have 2-3 day maintenance plans. Recently, downstream purchases of coking coal have been cautious, and the market transaction atmosphere is average. Some coal prices in Shanxi have fluctuated, but the magnitude is not significant, and most prices have remained stable.

Downstream: The production of molten iron in the downstream remains high and strong, providing some support for the demand for raw materials. The sixth round of coke price increase has landed, providing stronger support for coking coal. It is expected that coking coal prices will continue to fluctuate and stabilize in the short term. ‌

According to analysts from SunSirs, the supply of coking coal in China is relatively loose; The sixth round of increase in coke prices has landed, and there is still support for coking coal. It is expected that coking coal prices will show a fluctuating and slightly stable trend in the short term. More attention still needs to be paid to the supply and demand situation and building materials transactions.

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