[Unsuccessful rate of coking coal auctions has increased significantly] September 11th. This week (September 4-September 10), the number of unsuccessful online coking coal auctions has increased significantly, and the market’s acceptance of high-priced resources has weakened. Market sentiment has cooled significantly this week, spot transactions have become more cautious, pithead inventories have increased steadily, and the pace of rising coal prices has also slowed down significantly. The market is shifting from unilateral bullishness to high-level gaming. According to Mysteel statistics, there were 94 coking coal auctions this week, with a total listing volume of 955,500 tons and a total transaction volume of 544,500 tons. The number of listings was basically the same, but the transaction volume shrank significantly, the unsold rate rose to 43%, and the proportion of unsold auctions increased by 39.4 percentage points in a single week.