On January 5, the online auction price of coking coal in the Changzhi Qinyuan market declined. Low-sulfur lean primary coking coal with specifications A8, S0.5, G65 had a starting bid of 1,450 yuan per ton, with an average transaction price of 1,479 yuan per ton, and a total transaction volume of 25,000 tons. In the previous auction on December 31, the starting bid was 1,500 yuan per ton, but no transaction was made. All prices mentioned are ex-factory prices, inclusive of cash and taxes.

PriceSeek’s analysis of coking coal shows a bearish sentiment score of -1.5. The article indicates that the online auction price of coking coal in the Changzhi Qinyuan market fell on January 5. The starting bid for low-sulfur lean primary coking coal was 1,450 yuan per ton, with an average transaction price of 1,479 yuan per ton, significantly lower than the previous auction on December 31, which had a starting bid of 1,500 yuan per ton and resulted in no transaction. A total of 25,000 tons were traded. This suggests weak market supply and demand, with buyers gaining stronger bargaining power, likely due to insufficient demand or oversupply. This situation exerts strong downward pressure on the spot price of coking coal, and prices are expected to remain under pressure and continue declining in the short term.