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Zhongjin Wealth Futures: Coking Coal Prices Expected to Maintain Wide-Range Fluctuation Trend
Currently, the industry end maintains a weak fundamental pattern of strong supply and weak demand. The upward drive of coking coal prices mainly depends on the fermentation of macro policy expectations. Once policy expectations cool down or weaken temporarily, the market will quickly be dragged down by weak realities. Overall, the market fluctuates between macro sentiment and industry realities, and it is expected to remain volatile with wide swings in the future. (CICC Wealth Futures)