Qinyuan County in Changzhi City is expected to resume production of 1 additional coal mine on August 5, with an approved production capacity of 1.2 million tons. The type of coal involved is low-sulphur lean coal, which will mainly be used for personal use after the resumption of production. A total of 3 coal mines resumed production in the county early, with a total approved production capacity of 4.5 million tons. The remaining coal mines are waiting in line for inspection. On the demand side, there has been no significant improvement in steel demand. Recently, some steel mills have announced new maintenance arrangements. Iron water may continue to decline this week, and coke prices are still expected to rise in the third round, and downstream coking coal purchases are still cautious. Taken together, short-term coking coal prices are expected to maintain a volatile pattern with support and weak upward momentum.

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