Last week, the domestic coking coal market showed a strong trend. According to the monitoring system of SunSirs, as of September 19th, the price index of SunSirs's coking coal was 1,448.75 RMB/ton, an increase of 1.05% from the beginning of the month.

Supply side: Recently, coal mines in major coking coal producing areas in China have resumed production and the supply is stable. The coal mine shipments are smooth, and some mining sites have had pre-sale orders for more than half a month.

Downstream: As the holiday approaches, downstream coke and steel enterprises are gradually replenishing their inventory, and the market trading atmosphere is good. With the increase in terminal consumption and demand, there is a certain degree of essential support for raw material procurement. Overall, the coking coal market may operate steadily with a moderate to strong trend.

According to the coking coal analyst of SunSirs, domestic coal mine supply is gradually resuming production and the supply is stable. As the holiday approaches, downstream coke and steel enterprises are gradually replenishing their inventory. The terminal demand has increased, and the market transaction atmosphere is good. It is expected that the coking coal market will show a stable and strong trend in the later stage. More attention still needs to be paid to the supply and demand situation and building materials transaction situation.

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