Group 1: Investment Ratings - No investment ratings provided in the report Group 2: Core Views - Corn prices will continue to fluctuate with an upper limit and lower support in the short - term, and are expected to decline under pressure in the long - term [2] - Starch prices are expected to continue to fluctuate weakly in the short - term and remain bearish in the long - term [3] - International sugar prices are under pressure, and domestic sugar prices face upward pressure on the futures market [5] - Cotton prices have limited downward space and are in a wait - and - see state for demand verification [8] - Egg prices may trigger more old - hen culling if the rebound in late August is less than expected [13] - Apple production in the new season may not differ much from last year, and consumption is in a off - season [16] - Pig prices have short - term weak fluctuations, and the medium - term supply is still under pressure, while the long - term has policy - related support [16] Group 3: Corn/Starch Price Data - From August 15 - 21, 2025, the price in Jinzhou remained at 2210, in Weifang it decreased by 8 to 2446, and in Shekou it remained at 2380. The basis increased by 4 to 44, and the trade profit changed by - 5 and import profit changed by 2 [2] Market Analysis - In the short - term, corn prices will continue to fluctuate. In the long - term, prices are expected to decline under pressure until consumption improves or there is a reluctance to sell in the production areas [2] - Starch prices will continue to fluctuate weakly in the short - term and remain bearish in the long - term due to high inventory and expected lower raw material costs [3] Group 4: Sugar Price Data - From August 15 - 21, 2025, the spot prices in Liuzhou, Nanning, and Kunming remained unchanged. The basis decreased by 12 to 342, the import profit increased by 61, and the number of warehouse receipts decreased by 493 to 15752 [5] Market Analysis - International sugar prices are under pressure due to Brazil's peak crushing season. Domestic sugar prices are affected by large - scale point - pricing of processing sugar mills and upcoming large - scale imports [5] Group 5: Cotton/Cotton Yarn Price Data - From August 15 - 21, 2025, the price of 3128 cotton decreased by 5 to 15025, the import profit had no available data for change, and the sum of warehouse receipts and forecasts decreased by 181 to 7523. The import profit of Vietnamese yarn increased by 23 to 466, and the 32S spinning profit increased by 5 to - 876 [8] Market Analysis - Cotton prices have limited downward space, and attention should be paid to demand - side changes [8] Group 6: Eggs Price Data - From August 15 - 21, 2025, the price in Hebei remained at 3.31, in Henan decreased by 0.05 to 3.05, and in Hubei decreased by 0.11 to 3.11. The basis decreased by 40 to 320 [12] Market Analysis - Egg prices rebounded from a low level in July but declined in early August due to insufficient demand. Attention should be paid to the rhythm of chicken culling and cold - storage egg release [13] Group 7: Apples Price Data - From August 15 - 21, 2025, the price of Shandong 80 first - and second - grade apples remained at 7300. The basis for January decreased by 24 to - 704, for May decreased by 14 to - 692, and for October decreased by 85 to - 803 [15][16] Market Analysis - Apple production in the new season may not differ much from last year. Consumption is in an off - season, and the market share is occupied by seasonal fruits [16] Group 8: Pigs Price Data - From August 15 - 21, 2025, the price in Henan Kaifeng decreased by 0.10 to 13.73, in Hubei Xiangyang increased by 0.10 to 14.05, in Shandong Linyi decreased by 0.10 to 13.87, in Anhui Hefei decreased by 0.05 to 14.10, and in Jiangsu Nantong decreased by 0.20 to 14.05. The basis decreased by 90 to - 35 [16] Market Analysis - Pig prices have short - term weak fluctuations, with medium - term supply pressure and long - term policy - related support. Attention should be paid to the slaughter rhythm, weather, and policies [16]

Report Industry Investment Rating - Not provided Core Viewpoints - The report presents overnight market information on oilseeds and oils, including US soybean export sales, Indian rapeseed oil imports, Malaysian palm oil production, and Indonesian palm oil inventory and exports [1] - It also shows the spot prices of related products from August 15 - 21, 2025 [2] Summary by Related Catalogs Overnight Market Information - From August 1 - 20, 2025, Malaysian palm oil production increased 0.30% month - on - month, with a 2.12% drop in fresh fruit bunch yield and a 0.46% increase in oil extraction rate [1] - As of August 14, US current market - year soybean export sales net decreased 0.57 million tons, down 98% from the previous week and 105% from the four - week average; next market - year sales net increased 114.26 million tons; export shipments were 51.79 million tons, down 3% from the previous week and up 9% from the four - week average [1] - Due to a price increase to a three - and - a - half - year high, India imported 6,000 tons of rapeseed oil from the UAE in August, the first import in five years, and soybean oil imports are also rising [1] - In June, Indonesia's palm oil inventory decreased 13% month - on - month to 2.53 million tons, exports increased 35.4% month - on - month to 3.61 million tons, and production increased 15.8% month - on - month to 4.82 million tons [1] Spot Prices - Spot prices of products such as soybean meal in Jiangsu, rapeseed meal in Guangdong, soybean oil in Jiangsu, palm oil in Guangzhou, and rapeseed oil in Jiangsu from August 15 - 21, 2025 are provided [2]

Group 1: Price Performance - The latest prices of London Gold, London Silver, London Platinum, London Palladium, WTI Crude Oil, and LME Copper are 3344.65, 37.08, 1347.00, 1127.00, 62.71, and 9699.00 respectively, with changes of 0.00, 0.00, 0.00, 0.00, 0.00, and -11.00 [2] - The latest values of the US Dollar Index, Euro to US Dollar, British Pound to US Dollar, US Dollar to Japanese Yen, and US 10 - year TIPS are 98.24, 1.17, 1.35, 147.31, and 1.94 respectively, with changes of 0.00, 0.00, 0.00, 0.00, 0.00 [2] Group 2: Trading Data - The latest COMEX silver inventory is 15816.09 with no change, the latest SHFE silver inventory is 1115.06 with a change of -25.14, the latest gold ETF holding is 958.21 with no change, the latest silver ETF holding is 15305.76 with no change, the latest SGE silver inventory is 1368.95 with no change, the SGE silver deferred - fee payment direction is 1, and the SGE gold deferred - fee payment direction is 2 [3]

玻璃产销：沙河73，湖北134，华东100，华南97 | | | | | | 纯 碱 | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | 2025/8/14 | 2025/8/20 | 2025/8/21 | | 周度变化 日度变化 | | 2025/8/14 | 2025/8/20 | 2025/8/21 | | 周度变化 日度变化 | | 沙河重碱 | 1280.0 | 1210.0 | 1210.0 | -70.0 | 0.0 | SA05合 约 | 1452.0 | 1364.0 | 1362.0 | -90.0 | -2.0 | | 华中重碱 | 1240.0 | 1220.0 | 1220.0 | -20.0 | 0.0 | SA01合约 | 1400.0 | 1309.0 | 1306.0 | -94.0 | -3.0 | | 华南重碱 | 1450.0 | 1450.0 | 1450.0 | 0.0 | 0.0 | SA09合约 | 1294.0 | 1209.0 ...

Report Summary 1. Report Industry Investment Rating No information provided. 2. Report's Core View The report presents cross - market, cross - period, and cross - variety arbitrage tracking data for various non - ferrous metals on August 22, 2025, including copper, zinc, aluminum, nickel, lead, and tin, to help investors find potential arbitrage opportunities [1][3][4]. 3. Summary by Relevant Catalogs Cross - Market Arbitrage Tracking - **Copper**: Spot price is 78,780 (domestic) and 9,618 (LME) with a ratio of 8.19; March price ratio is 8.11. Spot import equilibrium ratio is 8.17 with a profit of 5.76, and spot export profit is - 338.37 [1]. - **Zinc**: Spot price is 22,230 (domestic) and 2,768 (LME) with a ratio of 8.03; March price ratio is 6.04. Spot import equilibrium ratio is 8.66 with a profit of - 1,755.13 [1]. - **Aluminum**: Spot price is 20,680 (domestic) and 2,575 (LME) with a ratio of 8.03; March price ratio is 8.01. Spot import equilibrium ratio is 8.47 with a profit of - 1,135.10 [1]. - **Nickel**: Spot price is 118,850 (domestic) and 14,798 (LME) with a ratio of 8.03. Spot import equilibrium ratio is 8.25 with a profit of - 1,991.00 [1]. - **Lead**: Spot price is 16,625 (domestic) and 1,933 (LME) with a ratio of 8.63; March price ratio is 11.30. Spot import equilibrium ratio is 8.86 with a profit of - 458.35 [3]. Cross - Period Arbitrage Tracking - **Copper**: The spreads between different months and the spot month are - 130, - 150, - 160, - 190, while the theoretical spreads are 495, 888, 1,291, 1,693 respectively [4]. - **Zinc**: The spreads are - 45, - 60, - 60, - 65, and the theoretical spreads are 214, 335, 455, 576 respectively [4]. - **Aluminum**: The spreads are 20, - 20, - 55, - 85, and the theoretical spreads are 214, 329, 444, 558 respectively [4]. - **Lead**: The spreads are 20, 35, 55, 80, and the theoretical spreads are 209, 313, 418, 523 respectively [4]. - **Nickel**: The spreads are - 100, 100, 360, 630 [4]. - **Tin**: The 5 - 1 spread is 1,690, and the theoretical spread is 5,536 [4]. Cross - Variety Arbitrage Tracking - The ratios of copper/zinc, copper/aluminum, copper/lead, aluminum/zinc, aluminum/lead, and lead/zinc for Shanghai (three - continuous) are 3.53, 3.82, 4.68, 0.92, 1.23, 0.75 respectively; for London (three - continuous) are 3.52, 3.76, 4.94, 0.93, 1.31, 0.71 respectively [5]. Spot - Futures Arbitrage Tracking - **Copper**: The spreads of the current - month and next - month contracts minus the spot are - 120 and - 250, and the theoretical spreads are 395 and 812 respectively [4]. - **Zinc**: The spreads are 55 and 10, and the theoretical spreads are 153 and 281 respectively [5]. - **Lead**: The spreads are 100 and 120, and the theoretical spreads are 176 and 287 respectively [5].

Report Industry Investment Rating - Not provided Core Viewpoints - For PTA, with low processing fees, additional maintenance has increased. Although filament sales are weak, there is limited scope for further production cuts in the short - term. Bottle - chip inventories are continuously decreasing at low operation rates. Overall, polyester operation is expected to stabilize and has upward potential, and the supply - demand situation is expected to improve periodically. Attention can be paid to the opportunity of expanding processing fees at low prices [3] - For MEG, domestic unit restarts are partially delayed, and overseas unexpected maintenance exists. Port inventories are expected to remain low with limited short - term inventory accumulation pressure. The situation is good, but the valuation is greatly affected by the subsequent evolution of the cost side, showing a wide - range oscillation. Attention should be paid to the satellite restart progress [8] - For polyester staple fiber, as the finished - product inventory of polyester yarn is continuously decreasing, downstream operation may continue to rise. Although the supply of staple fiber may also increase, the overall space is limited. Considering that the disk processing fee is still in a low range, attention can be paid to the opportunity of expanding processing fees at low prices [8] - For natural rubber and 20 - number rubber, the national explicit inventory remains stable at a non - high absolute level but does not show seasonal depletion. The price of Thai cup rubber has rebounded due to rainfall affecting tapping. The strategy is to wait and see [8] Summary by Related Catalogs PTA - **Market Data**: From August 15 to August 21, the price of naphtha in Japan increased from 65.9 to 67.7, PX CFR Taiwan from 573 to 585, PTA internal - market spot from 828 to 852, etc. The PTA spot average daily transaction basis for 2509 increased by 6. There were maintenance of Yisheng Hainan's 2 million - ton and Hengli Huizhou's 5 million - ton PTA devices [2] - **Market Situation**: Near - end TA operation rate increased month - on - month, polyester load slightly increased, inventory continued to accumulate, basis remained weak, and spot processing fees were still low. PX domestic operation rate increased slightly, overseas operation rate decreased slightly, PXN strengthened month - on - month, and the US - Asia aromatic hydrocarbon price difference increased slightly [3] MEG - **Market Data**: From August 15 to August 21, the price of Northeast Asian ethylene remained at 830 on August 21, MEG external - market price increased from 523 to 530, etc. The MEG spot basis for 09 increased by 91. Xinjiang Tianying's 150,000 - ton unit restarted [8] - **Market Situation**: Near - end domestic units had partial delayed restarts, and overseas had some unexpected maintenance. Port inventories were expected to accumulate with stable shipments. Downstream inventory levels increased month - on - month, the basis remained stable, and oil - based benefits improved significantly [8] Polyester Staple Fiber - **Market Data**: From August 15 to August 21, the price of 1.4D cotton - type staple fiber increased from 6555 to 6610. The spot price was around 6598, and the market basis for 10 was around - 120. The operation rate slightly increased to 91.1% [8] - **Market Situation**: The Ningbo Dafa technical - transformation unit resumed operation, and production and sales remained stable. Inventory remained the same month - on - month. On the demand side, the operation rate of polyester yarn increased, raw - material inventory increased, and finished - product inventory continued to decrease [8] Natural Rubber & 20 - Number Rubber - **Market Data**: From August 15 to August 21, the price of US - dollar Thai standard spot increased from 1800 to 1800 (with fluctuations in between), and the price of Shanghai full - latex decreased from 14645 to 14520. The daily change and weekly change of various prices are also provided [8] - **Market Situation**: The national explicit inventory remained stable at a non - high absolute level but did not show seasonal depletion. The price of Thai cup rubber rebounded due to rainfall affecting tapping [8] Styrene - **Market Data**: From August 15 to August 21, the price of ethylene (CFR Northeast Asia) remained at 830 on August 21, pure benzene (CFR China) remained at 748, etc. The daily changes of various prices are also provided [11] - **Market Situation**: Not provided

Report Summary 1) Report Industry Investment Rating No information provided. 2) Core View of the Report The LPG market shows a pattern of increasing supply and weakening demand, with the spot price center shifting downward. The PG futures market rebounds due to the improvement in the international spot market and the low valuation of the futures. It is expected to continue the weak and volatile consolidation trend [1]. 3) Summary by Related Catalogs Market Data - **Spot Prices**: From August 15 to August 21, 2025, the prices of South China LPG remained at 4520, East China LPG increased from 4410 to 4398, and Shandong LPG rose from 4420 to 4500. The CFR South price of propane increased from 563 to 573, and the CIF Japan price of propane rose from 527 to 540 [1]. - **Daily Changes**: On August 21, compared with the previous day, the prices of South China LPG remained unchanged, East China LPG increased by 8, Shandong LPG increased by 20, the CFR South price of propane increased by 8, and the CIF Japan price of propane increased by 4 [1]. - **Futures Market**: The PG futures market shows a small rebound. The basis strengthened to 105 (-31), and the 09 - 10 spread was -493 (-29). The cheapest deliverable was East China civil gas at 4398 on Thursday [1]. Weekly View - **Market Conditions**: The international market is volatile, with freight rates generally in a high - level volatile state. The waiting time at the Panama Canal for VLGCs has decreased. The FEI and CP have increased, and the production profit of PP made from FEI and CP has weakened [1]. - **Fundamentals**: The unloading volume has decreased, chemical demand has slightly increased, and port inventories have decreased by 2.06%. Refinery commodity volume has decreased by 1.68%. Factory inventories have increased by 0.07%. The PDH operating rate is 76.33% (+2.49pct), and the combustion demand is still weak but gradually coming to an end [1].

最新 日变化 周变化 月变化 年变化 最新 日变化 周变化 月变化 年变化 秦皇岛5500 702.0 0.0 8.0 58.0 -138.0 25省终端可用天数 18.8 -0.2 -1.1 -2.1 1.2 秦皇岛5000 633.0 0.0 3.0 52.0 -107.0 25省终端供煤 603.5 0.0 -5.0 -36.5 -19.3 广州港5500 765.0 0.0 5.0 35.0 -140.0 北方港库存 2330.0 0.0 -39.0 -382.0 -63.2 鄂尔多斯5500 485.0 -5.0 0.0 60.0 -135.0 北方锚地船舶 70.0 3.0 -9.0 -50.0 2.0 大同5500 550.0 -10.0 -5.0 50.0 -140.0 北方港调入量 156.6 6.9 5.1 -0.6 18.6 榆林6000 622.0 0.0 0.0 60.0 -173.0 北方港吞吐量 153.5 -3.1 14.3 17.3 13.5 榆林6200 650.0 0.0 0.0 60.0 -171.0 CBCFI海运指数 823.3 -13.2 -29.2 82.7 2 ...

Report Summary 1. Report Industry Investment Rating - No content provided regarding the report industry investment rating. 2. Core Viewpoints - This week, the high - sulfur cracking of Singapore 380cst rebounded and then weakened, the near - month spread oscillated, and the EW spread oscillated. The 9 - 10 spread weakened to $3.5/ton, the basis oscillated at a low level (-$4), and the FU01 internal - external spread slightly weakened to -$0.8. The 0.5 cracking of Singapore oscillated and weakened, the 9 - 10 spread weakened to $2.75/ton, and the LU11 internal - external spread oscillated at $9. [4][5] - Singapore's land inventory decreased this week, but it was still not the highest in the same period of history. The floating storage decreased significantly month - on - month, Saudi Arabia's shipments decreased significantly, the arrivals oscillated this week, the shipments from the UAE rebounded month - on - month, and the net exports increased significantly. The land inventory in Fujairah, the Middle East, decreased, the floating storage inventory of high - sulfur and low - sulfur increased significantly, the ARA residue inventory increased, and the US residue inventory decreased, with a large inventory contradiction. [5] - The east - west divergence of high - sulfur continued. In the heavy - oil pattern, the cracking of Singapore 380cst was the weakest, and the premium of heavy - crude oil was the strongest. It is expected to return in both directions later. This week, LU remained weak, the basis of the external MF0.5 weakened again and then oscillated, the LU quota was issued, and the internal - external spread oscillated. [5] - In the short term, pay attention to the opportunity of the high - sulfur 380 EW spread widening. Fundamentally, the expected supply of high - sulfur will increase, and the supply - demand pattern will weaken. [5] 3. Data Summaries Rotterdam Fuel Oil Data | Type | 2025/08/15 | 2025/08/18 | 2025/08/19 | 2025/08/20 | 2025/08/21 | Change | | --- | --- | --- | --- | --- | --- | --- | | Rotterdam 3.5% HSF O Swap M1 | 390.27 | 385.76 | 383.41 | 386.27 | 386.40 | 0.13 | | Rotterdam 0.5% VLS FO Swap M1 | 452.69 | 446.79 | 445.77 | 447.87 | 452.12 | 4.25 | | Rotterdam HSFO - Brent M1 | - 4.33 | - 4.74 | - 5.18 | - 5.40 | - 6.25 | - 0.85 | | Rotterdam 10ppm Gasoil Swap M1 | 635.32 | 624.64 | 637.68 | 647.20 | 657.30 | 10.10 | | Rotterdam VLSFO - Gasoil M1 | - 182.63 | - 177.85 | - 191.91 | - 199.33 | - 205.18 | - 5.85 | | LGO - Brent M1 | 21.97 | 19.81 | 22.26 | 22.39 | 22.97 | 0.58 | | Rotterdam VLSFO - HSFO M1 | 62.42 | 61.03 | 62.36 | 61.60 | 65.72 | 4.12 | [2] Singapore Fuel Oil Data | Type | 2025/08/15 | 2025/08/18 | 2025/08/19 | 2025/08/20 | 2025/08/21 | | --- | --- | --- | --- | --- | --- | | Singapore 380cst M1 | 390.95 | 391.35 | 386.44 | 388.83 | 392.45 | | Singapore 180cst M1 | 403.51 | 403.47 | 401.16 | 402.12 | 401.16 | | Singapore VLSFO M1 | 476.79 | 476.24 | 474.78 | 475.48 | 480.02 | | Singapore Gasoil M1 | 82.76 | 82.50 | 83.18 | 84.72 | 86.11 | | Singapore 380cst - Brent M1 | - 4.09 | - 3.57 | - 4.67 | - 4.63 | - 5.30 | | Singapore VLSFO - Gasoil M1 | - 135.63 | - 134.26 | - 140.75 | - 151.45 | - 157.19 | [2] Singapore Fuel Oil Spot Data | Type | 2025/08/15 | 2025/08/18 | 2025/08/19 | 2025/08/20 | 2025/08/21 | Change | | --- | --- | --- | --- | --- | --- | --- | | FOB 380cst | 387.36 | 387.68 | 383.23 | 386.10 | 388.12 | 2.02 | | FOB VLSFO | 477.51 | 475.97 | 474.41 | 474.94 | 478.38 | 3.44 | | 380 Basis | - 3.40 | - 2.90 | - 3.25 | - 2.65 | - 1.15 | 1.50 | | High - sulfur Internal - External Spread | 2.5 | 0.1 | - 3.3 | - 1.8 | - 3.5 | - 1.7 | | Low - sulfur Internal - External Spread | 8.2 | 8.7 | 8.7 | 8.9 | 6.9 | - 2.0 | [3] Domestic FU Data | Type | 2025/08/15 | 2025/08/18 | 2025/08/19 | 2025/08/20 | 2025/08/21 | Change | | --- | --- | --- | --- | --- | --- | --- | | FU 01 | 2746 | 2739 | 2713 | 2719 | 2736 | 17 | | FU 05 | 2741 | 2735 | 2713 | 2712 | 2731 | 19 | | FU 09 | 2691 | 2713 | 2686 | 2687 | 2698 | 11 | | FU 01 - 05 | 5 | 4 | 0 | 7 | 5 | - 2 | | FU 05 - 09 | 50 | 22 | 27 | 25 | 33 | 8 | | FU 09 - 01 | - 55 | - 26 | - 27 | - 32 | - 38 | - 6 | [3] Domestic LU Data | Type | 2025/08/15 | 2025/08/18 | 2025/08/19 | 2025/08/20 | 2025/08/21 | Change | | --- | --- | --- | --- | --- | --- | --- | | LU 01 | 3420 | 3426 | 3417 | 3411 | 3443 | 32 | | LU 05 | 3395 | 3391 | 3390 | 3376 | 3413 | 37 | | LU 09 | 3423 | 3477 | 3452 | 3422 | 3456 | 34 | | LU 01 - 05 | 25 | 35 | 27 | 35 | 30 | - 5 | | LU 05 - 09 | - 28 | - 86 | - 62 | - 46 | - 43 | 3 | | LU 09 - 01 | 3 | 51 | 35 | 11 | 13 | 2 | [4]

Report Information - Report Title: Coking Coal Daily Report - Research Team: Black Team of the Research Center - Date: August 22, 2025 [1] Price and Inventory Data Coal Prices - The latest price of Liulin Main Coking Coal is 1453.00, with no daily change, a weekly increase of 49.00, a monthly increase of 4.00, and an annual decrease of 3.13% [2] - The latest price of Raw Coal Port Delivery Price is 956.00, with a daily increase of 20.00, a weekly decrease of 40.00, a monthly decrease of 40.00, and an annual decrease of 18.98% [2] - The latest price of Shaheyi Meng 5 is 1380.00, with no daily or weekly change, a monthly increase of 160.00, and an annual decrease of 17.86% [2] - The latest price of Anze Main Coking Coal is 1470.00, with no daily or weekly change, a monthly increase of 70.00, and an annual decrease of 13.53% [2] International Coal Prices - The latest price of Peak Downs is 205.00, with a daily decrease of 0.50, a weekly decrease of 2.50, a monthly increase of 18.00, and an annual decrease of 5.50 [2] - The latest price of Goonyella is 208.30, with a daily decrease of 0.50, a weekly decrease of 3.20, a monthly increase of 20.30, and an annual decrease of 2.20 [2] Futures Prices - The latest price of Futures Contract 05 is 1209.50, with a daily increase of 10.50, a weekly decrease of 61.50, a monthly decrease of 32.50, and an annual decrease of 7.88% [2] - The latest price of Futures Contract 09 is 1044.50, with a daily increase of 11.50, a weekly decrease of 31.50, a monthly decrease of 121.50, and an annual decrease of 21.41% [2] - The latest price of Futures Contract 01 is 1164.00, with a daily decrease of 0.50, a weekly decrease of 59.50, a monthly decrease of 57.00, and an annual decrease of 12.28% [2] Inventory Data - The total coking coal inventory is 3473.61, with a weekly increase of 50.04, a monthly decrease of 43.06, and an annual decrease of 2.68% [2] - The coal mine inventory is 275.64, with a weekly increase of 17.97, a monthly decrease of 2.80, and an annual decrease of 14.55% [2] - The port inventory is 255.49, with a weekly decrease of 21.85, a monthly decrease of 66.01, and an annual decrease of 25.59% [2] - The steel mill coking coal inventory is 805.80, with a weekly decrease of 2.86, a monthly increase of 14.70, and an annual increase of 14.08% [2] - The coking plant coking coal inventory is 976.88, with a weekly decrease of 11.04, a monthly increase of 47.77, and an annual increase of 20.44% [2] Capacity Utilization and Other Data - The coking capacity utilization rate is 74.42, with a weekly increase of 0.08, a monthly increase of 0.97, and an annual increase of 3.16% [2] - The coking coke inventory is 86.17, with no weekly change, a monthly decrease of 0.80, and an annual decrease of 0.75% [2] - The 5 - 9 spread is 165.00, with a daily decrease of 1.00, a weekly decrease of 30.00, a monthly increase of 89.00, and an annual decrease of 11.31% [2] - The 9 - 1 spread is -119.50, with a daily increase of 12.00, a weekly increase of 28.00, a monthly decrease of 64.50, and an annual decrease of 60.75% [2] - The 1 - 5 spread is -45.50, with a daily decrease of 11.00, a weekly increase of 2.00, a monthly decrease of 24.50, and an annual decrease of 4.25% [2] - The 05 basis is 43.03, with a daily decrease of 10.50, a weekly increase of 61.50, a monthly increase of 216.41, and an annual decrease of 242.48 [2] - The 09 basis is 208.03, with a daily decrease of 11.50, a weekly increase of 31.50, a monthly increase of 305.41, and an annual decrease of 0.23 [2] - The 01 basis is 88.53, with a daily increase of 0.50, a weekly increase of 59.50, a monthly increase of 240.91, and an annual decrease of 0.67 [2] Historical Price Charts - The report also includes historical price charts of various coking coals from 2021 to 2025, such as Liulin Main Coking Coal, Mongolian Coal Warehouse Receipt, Mongolian Port Raw Coal Delivery Price, etc [3][4][5][6]