The end of the coke mine turns to accumulate the warehouse, and the bicoke weakens with the finished material

On June 5th, Jinshi Futures reported that the coking coal market was in general, with fewer failed auctions, but the high-priced coal species fell slightly after the price rose; the Mongolian coal market was still weak, with fewer actual transactions; on the supply side, the overall capacity utilization rate of the coal mine last week was + 0.38% to 84.11%, and the output of the coal mine was slowly restored after the shutdown and maintenance in the early stage, but there were also new accidents and production was suspended. On the demand side, most coking companies started construction at a stable high level, and there is still room for increase in molten iron. However, the expected peak demand in the off-season also suppressed the disk, and the downstream only maintained on-demand procurement. The coal mine inventory accumulated slightly, and the overall inventory pressure was not large. Overall, coking coal supply and demand are not tight, although the downstream is still in the resumption of production stage, but the off-season demand incremental space is limited, causing pressure on the disk, from the inventory side, coking coal production side began to shift from destorage to accumulation, or a bearish point worthy of attention; but at the same time, the early bearish factors are basically reflected in the disk, before the emergence of new contradictions, the disk may maintain a weak trend of volatility, followed by attention to the trend of steel prices.