On January 5, the online auction price for coking coal in the Lishi market of Lvliang declined. Low-sulfur primary coking coal (A11, S0.6, G90) had a starting price of 1,400 yuan/ton, with an average transaction price of 1,402 yuan/ton, down 1 yuan/ton compared to the previous period on December 30. High-sulfur lean coal (A10.5, S1.75, G75) had a starting price of 1,050 yuan/ton, with a transaction price of 1,050 yuan/ton, down 24 yuan/ton compared to the previous period on December 31. PriceSeek's analysis of coking coal gave a long-short score of -1.5. The article indicates that the online auction price for coking coal in the Lishi market of Lvliang decreased on January 5. The average transaction price for low-sulfur primary coking coal was 1,402 yuan/ton, down 1 yuan/ton from the previous period, while the transaction price for high-sulfur lean coal was 1,050 yuan/ton, down 24 yuan/ton from the previous period. This reflects ample supply or weak demand in the spot market, which is bearish for spot prices. Combined with the coking coal futures market, contracts on the Dalian Commodity Exchange, such as 2609, closed at 1,156 yuan/ton, down 17.5 yuan/ton, with open interest increasing by 1,406 lots. This indicates a strengthening bearish sentiment in the futures market, with a clear trend of short-term price pressure.
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