On January 4, the price of coking coal in the Shaoyang market fell by 40 yuan/ton. The main coking coal specifications—A7.0, S0.7, V24, G80-83, Y17-19, MT7—were quoted at 1,570 yuan/ton on a delivered basis, including tax and payment by acceptance.
PriceSeek's analysis of coking coal indicates a bearish sentiment with a score of -1.5. The report notes that the spot price of coking coal in the Shaoyang market dropped by 40 yuan/ton to 1,570 yuan/ton, reflecting oversupply or weak demand in the market, which has exerted significant downward pressure on spot prices.
Combined with coking coal futures data, the recent main contract, such as 2601 (Dalian Commodity Exchange), closed at 1,064.5 yuan/ton on December 31, 2025. However, the decline in spot prices may drag down futures prices, particularly putting downward pressure on near-month contracts, as futures prices typically reflect spot market trends.
Overall, the price decline signals a strengthening of market pessimism. It is advisable to monitor subsequent changes in supply and demand.
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