Dashang has set up a brand discount to promote coking coal futures to more fully reflect spot prices

Jinshi Futures, January 14, in order to further ensure the smooth operation of coking coal futures and support leading enterprises to participate in the futures market, on January 14, 2025, Dashang established "Pingmei Main Coke No. 1", "Shanjiao Rizhao No. 1", "Xiangjiao No. 1" and "Kaijia No. 1" as the first batch of coking coal brands, and set up brand promotion discounts of 225 yuan/ton, 80 yuan/ton, 100 yuan/ton and 175 yuan/ton for the above brands respectively. The first batch of coking coal brands and brand promotion discounts are applicable to JM2601 and later contracts. According to relevant industry sources, < b > Dashang has rationally set up brand promotion discounts on the basis of coking coal quality promotion discounts, and promoted coking coal futures to reflect spot prices more comprehensively . Dashang implement coking coal brand delivery, and further enhance the high-quality coking coal delivery economy, will effectively increase the coking coal available for delivery resources, on the basis of ensuring the smooth and safe operation of delivery, can better support and encourage coking coal leading enterprises to participate in the future market, service coking coal industry to mature brand direction. Dashang related business person in charge said that the next step, Dashang will closely track the spot supply and demand relationship and price changes, timely adjustment of coking coal brand promotion discount, so that the future market is closer to spot trade and industrial demand.