Xin Lang Qi Huo·2025-08-06 08:25Core Insights - The main focus of the article is on the trading performance and positioning of coking coal futures as of August 6, 2025, highlighting significant changes in both long and short positions among major market participants [1][3][4]. Group 1: Market Performance - As of the close on August 6, the main coking coal futures contract (2601) increased by 6.45%, with a trading volume of 2.622 million contracts [1]. - The total trading volume for all coking coal futures contracts reached 3.4576 million contracts, an increase of 223,400 contracts from the previous day [1]. Group 2: Positioning Data - The top 20 positions in the coking coal futures market showed a net short position, with a difference of 73,126 contracts [1]. - Among the top 20 positions, long positions totaled 446,400 contracts, an increase of 37,300 contracts, while short positions totaled 541,100 contracts, an increase of 31,100 contracts [1]. Group 3: Major Participants - The top three long positions were held by Guotai Junan (47,553 contracts), CITIC Futures (46,396 contracts), and Founder Futures (35,660 contracts) [1][4]. - The top three short positions were also led by Guotai Junan (67,162 contracts), CITIC Futures (63,194 contracts), and Yong'an Futures (36,849 contracts) [1][4]. Group 4: Changes in Positions - The largest increase in long positions was seen in Guotai Junan (5,134 contracts), followed by Chuangyuan Futures (3,865 contracts) and Founder Futures (3,839 contracts) [1][3]. - The largest increase in short positions was also in Guotai Junan (7,708 contracts), followed by Yong'an Futures (5,304 contracts) and Shenwan Hongyuan (4,010 contracts) [1][3].