【期货热点追踪】市场情绪反复，焦煤期货再度下跌，领跌黑色系

Group 1 - The market sentiment is fluctuating, with coking coal futures declining again, hovering around the 10-day moving average, and once dropping over 4% to 1099 yuan [1] - Coking coal prices are stabilizing as coking enterprises are cautious about high-priced coal procurement due to profit considerations, leading to a mixed performance in auction prices [1] - The overall operating rate of 110 washing plants across the country has decreased by 0.8% to 61.51%, with daily output down by 0.01 million tons to 52.14 million tons [1] Group 2 - Hualian Futures expects a strong short-term coking coal market, predicting a rebound followed by a stable oscillation, with coal mine operating rates continuing to rise and daily output increasing [2] - The demand for coking coal is supported by strong steel production, with the fourth round of price increases for coking coal already implemented and expectations for a fifth round [2] - Nanhua Futures notes that the recovery of domestic coal mines is slow, but the demand for coking coal is being boosted by speculative trading and essential procurement [3] Group 3 - Zijin Tianfeng Futures indicates that the supply and demand for coking coal remain tight, with recent market sentiment showing significant fluctuations, making it prone to corrections after rapid increases [4] - The recovery of domestic coal supply is slower than expected, while the import of Mongolian coal has resumed quickly after the Nadam Festival [4] - The overall supply-demand balance for coking coal is tight, with upstream inventories continuing to transfer to downstream, indicating a smooth coal mine shipment process [4]