The phenomenon of online auctions for coking coal increased markedly this week, and the market's acceptance of high-priced resources weakened. Market sentiment has cooled down markedly this week. Spot transactions tend to be cautious, inventory has been rising steadily, and the pace of rising coal prices has also clearly slowed down. The market is shifting from one-sided bullishness to a high-ranking game. According to Mysteel statistics, a total of 94 coking coal auctions were listed this week, with a total listing volume of 955,500 tons and a total transaction volume of 544,500 tons. The number of listings remained flat, but transactions shrunk sharply. The streaming rate rose to 43%, and the share of weekly streaming increased by 39.4 percentage points.

The phenomenon of online auctions for coking coal increased markedly this week, and the market's acceptance of high-priced resources weakened. Market sentiment has cooled down markedly this week. Spot transactions tend to be cautious, inventory has been rising steadily, and the pace of rising coal prices has also clearly slowed down. The market is shifting from one-sided bullishness to a high-ranking game. According to Mysteel statistics, a total of 94 coking coal auctions were listed this week, with a total listing volume of 955,500 tons and a total transaction volume of 544,500 tons. The number of listings remained flat, but transactions shrunk sharply. The streaming rate rose to 43%, and the share of weekly streaming increased by 39.4 percentage points.