Group 1 - The main contract for coking coal futures experienced a rapid increase, peaking at 794.0 yuan, and closing at 785.0 yuan with a rise of 1.49% [1] - Various institutions have differing views on the future of coking coal prices, with expectations of limited rebound potential due to strict safety and environmental regulations leading to a decline in production [2] - The coking coal market is currently characterized by cautious purchasing behavior, with expectations of a fourth round of price reductions in the coke market [2] Group 2 - The macroeconomic context includes geopolitical tensions, particularly regarding Israel and Iran, which have influenced market dynamics [3] - Coking coal production capacity utilization has been declining for five consecutive weeks, indicating a marginal improvement in supply conditions [3] - Technical analysis suggests that the coking coal futures are expected to operate within a range, with key resistance levels at 800 and 830 yuan, and support levels at 760 yuan [4]
供应有边际改善迹象 预计焦煤期价反弹高度有限
Jin Tou Wang·2025-06-16 06:08