Coking coal 2701 fell 4.81% intraday to 1,414 yuan/ton; intraday open interest rose by 17,600 lots, with prices declining as positions increased.

Speaking in Uzbekistan on the 19th, US Secretary of State Rubio said ending the Russia-Ukraine conflict is a US presidential priority and Washington will continue to seek opportunities to push for a resolution. Rubio said the US has spent nearly two years trying to end the war and that President Trump is open to any option that could help, but has so far seen no expected progress. He said Washington recently held off on new sanctions to see if ongoing negotiations between Russia and Ukraine produce positive results. Rubio described the conflict as complex and entrenched, with no clear victor and heavy damage on both sides; whether an agreement is possible depends on both parties’ willingness to compromise.

At the opening of the 2026 Financial Street Forum in Beijing this afternoon, Ding Xiangqun, head of the National Financial Supervision and Administration, said China's banking and insurance sectors are running broadly stable, large institutions remain prudently managed, and reforms of small- and mid-sized institutions are proceeding in an orderly way with overall risks controllable. He said the regulator, working with other authorities, is intensifying crackdowns on illegal financial activity, strengthening oversight of cross-regional, cross-department and new-business/new-product financial activity, and will, in accordance with law, bring all financial activity under regulatory coverage, aiming for full coverage with no exceptions.