Core Viewpoint - The main focus is on the recent surge in coking coal futures, with the primary contract reaching a peak of 1442.0 yuan, reflecting a 2.93% increase, indicating a volatile market environment for coking coal [1] Group 1: Market Analysis - Coking coal futures experienced a significant increase, with the main contract reported at 1439.0 yuan, up by 2.93% [1] - Various institutions have differing views on the market, with Guosen Futures suggesting a volatile market, while Ruida Futures and Changjiang Futures indicate a more stable outlook with improving supply-demand dynamics [2][3][4] Group 2: Supply and Demand Dynamics - Guosen Futures notes that coking coal producers are still facing slight losses, leading to a decrease in production capacity, while demand from steel mills remains stable [2] - Ruida Futures highlights that the average loss per ton of coking coal for 30 independent coking plants is 46 yuan, indicating ongoing profitability challenges [3] - Changjiang Futures points out that the supply side is tightening due to rising raw material coal prices and concentrated maintenance schedules, while demand is improving as steel mills increase their purchasing intensity [4]
供需结构趋于改善 焦炭期货遭遇一波急速上涨行情
Jin Tou Wang·2025-07-02 07:06