Black products have not undergone a price increase for a long time, and the second and third round of price hikes for coking coal are imminent.

"This year, the prices of coking coal and coke in the company have reached the lowest point in nearly ten years, but since July, market prices have clearly rebounded. Although we sell coking coal at contract prices, coke is sold to downstream steel companies at market prices. The second round of price increases this month is already in the works, and it is expected to be implemented by the end of the month." On July 22, a person from a domestic listed coal industry company told Securities Times e Company journalists. On July 22, a long-awaited "carnival" erupted in the domestic futures market for black commodities. Under the expectation of "anti-internal competition" in the industry, the strong market performance of black commodities shows a further expanding trend.