Downstream restocking willingness has increased, and domestic market prices for coking coal continue to rise strongly.

Today, the domestic market for coking coal continues to experience a strong rise in prices. In the Linfen Anze market, the price of coking coal has increased by 10 yuan/ton, with the ex-factory price for low-sulfur primary coking coal A9, S0.5, V20, and G85 being 2010 yuan/ton including tax. On the supply side, there is still a gap in coking coal supply, particularly due to structural issues with the types of coal. Under the strict supervision of safety regulations in the country, the recovery of coking coal production is very slow. On the demand side, the production of molten iron has rebounded, and the short-term decline in coke prices has stabilized, which has marginally improved market sentiment. There is an increased willingness for downstream entities to restock, providing certain support for coking coal prices. Overall, in the short term, coking coal is expected to maintain a pattern of fluctuating but strong operations, driven by tight supply.