Group 1 - The domestic futures market showed mixed results on June 27, with coking coal futures experiencing a price increase of approximately 2.24%, reaching a high of 1420.0 yuan/ton [1] - The capacity utilization rate of independent coking enterprises was reported at 73.26%, a slight decrease of 0.16%, while the average daily output of coking coal was 51.67, down by 0.11 [1] - The coastal coal transportation price index (CBCFI) was reported at 719.19 points, reflecting a 0.1% increase, although market demand is expected to decrease towards the end of the month [1] Group 2 - The fourth round of price reductions for coking coal has been fully implemented, putting pressure on the market, with port coking coal costs reaching around 1300 yuan/ton [2] - Coking enterprises are reducing production due to profit constraints and environmental regulations, while the apparent demand for the five major steel types is declining, limiting growth in raw material demand [2] - From a long-term perspective, the current price level is considered relatively low, with more potential for upward movement than downward risk, suggesting that investors may consider establishing long positions after price corrections [2]
原料供应有边际改善迹象 焦炭目前期货升水明显
Jin Tou Wang·2025-06-27 07:03