Production Some coking coal mines that previously switched longwall faces resumed. However, as more mines neared the completion of annual production targets continued to reduce output, the overall supply tightened further. Raw coal output from 138 surveyed coking coal enterprises stood at 11.93 Mt during the reporting week, down 38.9 Kt WoW. The capacity utilization also saw a drop of 0.27 pp to 82.97%. 

Price Coking coal prices generally declined this week. The demand for backbone grades and cargoes with high price edge improved, driving up prices of certain grades, while other high-priced grades kept falling. Among the surveyed mines, two saw price increase by 88 yuan/t, while 28 cut prices by 52 yuan/t on average.

Stock Cokemakers' feed coal inventories dwindled to relatively low levels, with restocking demand remaining. Following continued price drops for some coal grades, demand improved in recent days. Sales of some backbone grades were great due to regional supply tightness, but pressured remains for blending grades like meager lean coal. Moreover, snowfall also hindered transportation, leading to further stock accumulation. Raw coal inventories at the surveyed mines increased by 95.4 Kt WoW to 2.5 Mt, and washed coal stocks rose by 119 Kt to 2.03 Mt. Snowfall disrupted deliveries to coke producers, resulting in a further reduction in inventories. Stocks at surveyed coking plants were 6.47 days' worth of use on average, down 0.23 day WoW.