Report Information - Report Name: Coking Coal Daily Report - Date: October 14, 2025 - Research Team: Black Team of the Research Center [1] Price Information - **Coal Prices**: - LiuLin Main Coking Coal: The latest price is 1550.00, with no daily change, no weekly change, a monthly increase of 149.00, and an annual decrease of 3.13% [2]. - Raw Coal Port Delivery Price: The latest price is 1030.00, with a daily increase of 2.00, a weekly increase of 12.00, a monthly increase of 101.00, and an annual decrease of 16.94% [2]. - ShaHeYi Meng 5: The latest price is 1450.00, with no daily change, a weekly increase of 60.00, a monthly increase of 70.00, and an annual decrease of 17.14% [2]. - AnZe Main Coking Coal: The latest price is 1530.00, with no daily change, a weekly decrease of 60.00, a monthly increase of 110.00, and an annual decrease of 15.00% [2]. - **Peak Downs and Goonyella Prices**: - Peak Downs: The latest price is 206.00, with no daily change, a weekly increase of 1.00, a monthly increase of 4.50, and an annual decrease of 17.20 [2]. - Goonyella: The latest price is 205.50, with no daily change, a weekly increase of 0.50, a monthly increase of 4.50, and an annual decrease of 17.70 [2]. - **Futures Prices**: - Futures 05: The latest price is 1240.50, with a daily decrease of 21.50, a weekly decrease of 18.00, a monthly increase of 43.00, and an annual decrease of 17.85% [2]. - Futures 09: The latest price is 1327.00, with a daily decrease of 20.00, a weekly decrease of 6.50, a monthly increase of 370.50, and an annual decrease of 12.81% [2]. - Futures 01: The latest price is 1145.00, with a daily decrease of 20.00, a weekly decrease of 26.50, a monthly increase of 17.50, and an annual decrease of 22.19% [2]. Inventory Information - **Total Inventory**: The latest total inventory is 3279.19, with a weekly decrease of 108.88, a monthly decrease of 37.19, and an annual decrease of 11.10% [2]. - **Coal Mine Inventory**: The latest coal mine inventory is 195.86, with a weekly increase of 4.32, a monthly decrease of 58.66, and an annual decrease of 28.62% [2]. - **Port Inventory**: The latest port inventory is 294.99, with a weekly increase of 29.50, a monthly increase of 19.50, and an annual decrease of 25.89% [2]. - **Steel Mill Coking Coal Inventory**: The latest steel mill coking coal inventory is 788.06, with a weekly decrease of 8.01, a monthly decrease of 7.70, and an annual increase of 9.33% [2]. - **Coking Plant Coking Coal Inventory**: The latest coking plant coking coal inventory is 1037.71, with a weekly increase of 38.64, a monthly increase of 117.66, and an annual increase of 15.01% [2]. Other Information - **Coking Capacity Utilization**: The latest coking capacity utilization is 75.18, with a weekly increase of 0.05, a monthly decrease of 0.74, and an annual increase of 2.26% [2]. - **Coking Coke Inventory**: The latest coking coke inventory is 85.53, with a weekly decrease of 0.29, a monthly decrease of 0.40, and an annual decrease of 0.29% [2]. - **Basis and Spread Information**: - 05 Basis: The latest 05 basis is -77.51, with a daily decrease of 8.39, a weekly decrease of 11.89, a monthly increase of 52.40, and an annual decrease of 30.50 [2]. - 09 Basis: The latest 09 basis is -164.01, with a daily decrease of 9.89, a weekly decrease of 23.39, a monthly decrease of 275.10, and an annual increase of 1.78 [2]. - 01 Basis: The latest 01 basis is 17.99, with a daily decrease of 9.89, a weekly decrease of 3.39, a monthly increase of 77.90, and an annual decrease of 3.11 [2]. - 5 - 9 Spread: The latest 5 - 9 spread is -86.50, with a daily decrease of 1.50, a weekly decrease of 11.50, a monthly decrease of 327.50, and an annual increase of 6.21 [2]. - 9 - 1 Spread: The latest 9 - 1 spread is 182.00, with no daily change, a weekly increase of 20.00, a monthly increase of 353.00, and an annual increase of 2.60 [2]. - 1 - 5 Spread: The latest 1 - 5 spread is -95.50, with a daily increase of 1.50, a weekly decrease of 8.50, a monthly decrease of 25.50, and an annual increase of 1.48 [2]

| | 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 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 柳林主焦 | 1550.00 | 0.00 | 47.00 | 140.00 | -3.13% Peak Downs | 206.00 | 0.50 | 1.00 | 4.50 | -21.80 | | 原煤口岸库提价 | 1028.00 | -6.00 | -12.00 | 98.00 | -19.06% Goonyella | 205.50 | 0.00 | 0.50 | 3.00 | -22.30 | | 沙河驿蒙5# | 1450.00 | 0.00 | 60.00 | 70.00 | -17.14% 盘面05 | 1262.00 | 20.50 | -42.00 | 122.50 | -14.50% | | 安泽主焦 | 1530.00 | 0.00 | -60.00 | 110.00 | -15.00% 盘面09 | 1347.00 | ...

Group 1: Price Performance - London Gold latest price is 3974.50, change is -44.75 [1] - London Silver latest price is 50.76, change is 1.05 [1] - London Platinum latest price is 1686.00, change is 115.00 [1] - London Palladium latest price is 1503.00, change is 268.00 [1] - WTI Crude latest price is 58.90, change is -2.61 [1] - LME Copper latest price is 10737.50, change is -130.00 [1] - US Dollar Index latest is 98.82, change is -0.58 [1] - Euro to US Dollar latest is 1.16, change is 0.01 [1] - British Pound to US Dollar latest is 1.34, change is 0.01 [1] - US Dollar to Japanese Yen latest is 151.16, change is -1.94 [1] - US 10 - year TIPS latest is 1.75, change is -0.05 [1] Group 2: Trading Data - COMEX silver inventory latest is 16250.44, change is -113.86 [1] - SHFE silver inventory latest is 1169.06, change is -17.79 [1] - Gold ETF持仓 latest is 1017.16, change is 3.72 [1] - Silver ETF持仓 latest is 15443.76, change is -8.47 [1] - SGE silver inventory change is 0.00 [1] - SGE gold deferred fee payment direction change is 1.00 [1] - SGE silver deferred fee payment direction change is 1.00 [1] Group 3: Others - The data in the report are from Bloomberg, Yong'an Yuandian Information, and Wind [7]

焦煤日报 2025/10/10 研究中心黑色团队 | | 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 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 柳林主焦 | 1550.00 | 0.00 | 47.00 | 140.00 | -3.13% Peak Downs | 205.50 | 0.50 | 0.50 | 5.50 | -18.50 | | 原煤口岸库提价 | 1012.00 | -3.00 | -26.00 | 103.00 | -19.04% Goonyella | 205.50 | 0.50 | 0.50 | 5.00 | -18.50 | | 沙河驿蒙5# | 1450.00 | 0.00 | 60.00 | 70.00 | -17.14% 盘面05 | 1241.50 | 10.00 | -76.50 | 77.00 | -17.89% | | 安泽主焦 | 1530.00 | -60.00 | -60.00 | 100.00 ...

Group 1 - The company has approved a share repurchase plan to buy back its own A-shares using its own funds, with a maximum repurchase price of 18.63 CNY per share and a total repurchase amount between 50 million CNY and 100 million CNY within a 12-month period [2][3] - As of September 30, 2025, the company has repurchased a total of 967,400 shares, representing 0.066% of its total share capital, with a total expenditure of approximately 14.99 million CNY [3][4] - The repurchase is in compliance with relevant laws and regulations, and the company will continue to make repurchases based on market conditions [4][5] Group 2 - The company will hold its second extraordinary general meeting of shareholders on October 27, 2025, with both on-site and online voting options available [8][9] - The meeting will include various resolutions that have been previously approved by the board, with specific voting procedures outlined for shareholders [10][11] - Shareholders must register for the meeting between October 22 and October 24, 2025, and can do so through various methods including in-person and online [16][18]

(四)现场会议召开的日期、时间和地点 证券代码：600927 证券简称：永安期货 公告编号：2025-057 永安期货股份有限公司 关于召开2025年第二次临时股东大会的通知 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 一、 召开会议的基本情况 召开的日期时间：2025 年 10 月 27 日 14 点 30 分 召开地点：浙江省杭州市新业路 200 号华峰国际商务大厦 2219 会议室 股东大会召开日期：2025年10月27日 本次股东大会采用的网络投票系统：上海证券交易所股东大会网络投票 系统 (一)股东大会类型和届次 2025年第二次临时股东大会 (二)股东大会召集人：董事会 (三)投票方式：本次股东大会所采用的表决方式是现场投票和网络投票相结合的 方式 (五)网络投票的系统、起止日期和投票时间。 网络投票系统：上海证券交易所股东大会网络投票系统 网络投票起止时间：自2025 年 10 月 27 日 至2025 年 10 月 27 日 采用上海证券交易所网络投票系统，通过交易系统投票平台的投票时间为股 ...

格隆汇10月9日丨永安期货(600927.SH)公布，截至2025年9月30日，公司通过集中竞价交易方式已累计 回购公司普通股967,400股，占公司总股本的比例为0.066%，回购的最高价为16.09元/股、最低价为 14.59元/股，已支付的资金总额为14,997,182元（不含交易手续费） ...

永安期货股份有限公司 证券代码：600927 证券简称：永安期货 公告编号：2025-056 具体内容详见公司于 2025 年 6 月 5 日披露的《关于以集中竞价交易方式回 购公司股份方案的公告》（公告编号：2025-024），2025 年 7 月 1 日披露的《2025 年第一次临时股东大会决议公告》（公告编号：2025-038）及 2025 年 7 月 10 日 披露的《关于以集中竞价交易方式回购公司股份的回购报告书》（公告编号： 2025-042）。 二、回购股份的进展情况 根据《上海证券交易所上市公司自律监管指引第 7 号——回购股份》的相关 规定，现将回购股份的进展情况公告如下： 2025 年 9 月 4 日，公司通过集中竞价交易方式回购股份 340,600 股，占公司 总股本的比例为 0.023%，购买的最高价为 14.83 元/股、最低价为 14.59 元/股， 支付的金额为 4,998,687 元（不含交易手续费）。 关于股份回购进展的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： | ...

Core Insights - The report highlights the expected impact of the Gaza ceasefire on market prices, predicting a significant downward trend, although the resumption of shipping through the Red Sea may take 2-3 months [3][26] - The report notes potential geopolitical risks between the US and Iran that could affect market dynamics [26] - There are multiple upward drivers anticipated from October to December, suggesting a complex market outlook [26] Market Data Summary - Recent futures prices show a decline, with EC2510 at 1110.6 (-0.39%), EC2512 at 1731.9 (-1.39%), and EC2602 at 1642.8 (-1.45%) [25] - The SCF index for the European line has decreased by 6.60% from the previous period, indicating a significant drop in shipping rates [25] - The CCFI and NCFI indices also reflect downward trends, with decreases of 4.69% and 8.85% respectively [25] Pricing Trends - The average price for the European line in weeks 40-41 was reported at 1450 USD, with specific rates for different shipping companies ranging from 1300 to 1600 USD [26] - A price increase announcement for week 42 suggests a target range of 1800-2000 USD, aimed more at stabilizing prices rather than actual increases [26] - The report indicates that the lowest price for YML was recorded at 1300 USD, marking a significant low for the year [26] Shipping Index Trends - The SCFI index shows a seasonal trend with fluctuations in shipping rates over the past years, indicating a complex pricing environment [38] - The TCI index for various routes also reflects seasonal variations, suggesting that shipping costs are influenced by both demand and geopolitical factors [39][40]

Group 1 - Yong'an Futures announced on September 30 that its fourth board meeting was held on September 29, 2025, via communication voting [1] - The meeting reviewed documents including the proposal for issuing subordinated debt [1] Group 2 - There is a growing concern regarding consumer loans, with banks demanding invoices to be uploaded within seven days, or there will be serious consequences [1] - Some individuals are taking advantage of this situation by offering services to help with invoice approval [1]