On January 28, the online auction prices for coking coal in the Lüliang market increased. In Xiaoyi, high-sulfur primary coking coal (A10.5, S2.8, G85) was listed for 25,000 tons via road transport, with a starting price of 1,080 yuan/ton. The average transaction price was 1,172 yuan/ton, up by 14 yuan/ton compared to the previous session on January 22. In Linxian, high-ash low-sulfur primary coking coal (A15, S1.0, G85) was listed for 5,000 tons, with a starting price of 1,200 yuan/ton. The average transaction price was 1,249 yuan/ton, up by 26 yuan/ton compared to the previous session on January 22.

PriceSeek analysis of coking coal, with a long-short score of 1.5: The article reports that online auction prices for coking coal in the Lüliang market have risen. The average transaction price for Xiaoyi high-sulfur primary coking coal increased by 14 yuan/ton to 1,172 yuan/ton, while Linxian high-ash low-sulfur primary coking coal rose by 26 yuan/ton to 1,249 yuan/ton, showing a significant improvement compared to the previous session. This indicates strong spot market demand and tight supply, directly benefiting coking coal spot prices and boosting market bullish sentiment.

Combined with coking coal futures data, recent contracts such as 2610 and 2611 show price declines (e.g., the settlement price for the 2610 contract was 1,224.5 yuan/ton, with a change of -23). However, the rise in spot prices may bolster expectations in the futures market, as futures prices typically reflect future supply and demand changes. The new developments suggest improving demand, which could support futures prices in halting declines and rebounding, thereby exerting a positive impact on the overall market trend.