This week, the domestic coking coal market prices have shown a downward trend, with some coal types experiencing a price drop of around 10-30 RMB/ton. On September 9th, the price of coking coal in the Lishi market in Lvliang decreased, with high sulfur lean coal A8.5, S2.6, and G65 being priced at 880 RMB/ton, a decrease of 30 RMB/ton. According to the monitoring system of SunSirs, as of September 10th, the price index of SunSirs's coking coal was 1,406.25 RMB/ton, a decrease of 1.92% from the beginning of the month.

On the supply side: Recently, coal mines in the main coking coal producing areas in China have resumed production steadily, and the market is mainly observing and cautious in downstream procurement. The transaction atmosphere is average, and the sentiment continues to decline, with prices continuing to decline. It is expected that the coking coal market will continue to operate weakly in the short term.

Downstream: Currently, some coke and steel enterprises in certain regions are showing signs of resuming production, leading to an increase in raw material consumption in the short term. However, due to the impact of the first round of coke price reductions, the market transaction situation is not good, and more purchases are made on demand. It is expected that the coking coal market will continue to operate weakly in the short term.

According to analysts from SunSirs, the supply of coking coal in China is gradually recovering and production is stabilizing; The transaction situation in the downstream market is poor, with a focus on essential purchases. It is expected that the price of coking coal will remain weak and stable in the short term, and more attention still needs to be paid to the supply and demand situation and the transaction of building materials.

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