Group 1 - The main futures contract for coking coal experienced a decline, closing at 838.5 yuan, down 1.47% [1] - Institutions have differing views on the future of coking coal prices, with some suggesting limited downward space while others see a continued downtrend [2][3][4] Group 2 - According to Guotai Junan Futures, the fundamentals remain poor, with spot market prices continuing to fall, although low-sulfur coking coal from Shanxi is still priced higher [2] - Zhonghui Futures indicates that domestic mining production is stable, with rising output and ongoing supply pressure, leading to a cautious market sentiment [3] - Changjiang Futures notes that the overall supply of coking coal remains ample, with a high rate of auction failures and a pessimistic market outlook, impacting both domestic and imported coal prices [4]
供需矛盾未得到实质性缓解 焦煤下行趋势难改变
Jin Tou Wang·2025-05-20 08:24