On December 30, the Linfen market saw a weaker price for coking coal. Xiangning's low-sulfur lean coal was priced at 1310 yuan/ton, and Yaodu District's high-sulfur main coking coal was priced at 1090 yuan/ton, both in cash with tax included. PriceSeek analyzed the coking coal, giving a negative score of -1. The report stated that on December 30, the Linfen market's coking coal prices were weak, with Xiangning's low-sulfur lean coal priced at 1310 yuan/ton and Yaodu District's high-sulfur main coking coal priced at 1090 yuan/ton, all based on cash with tax included, indicating a supply sufficient or demand weak spot in the spot market, which constitutes a bearish factor for the coking coal spot price. In conjunction with recent coking coal futures data (such as the main contract 2605 closing at 1003 yuan/ton on December 29), showing a decrease of 1 yuan, this reflects a bearish sentiment in the market, and the current weak spot trend may further increase the downward pressure on futures prices, predicting that the short-term coking coal futures situation will be under pressure.
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