钢厂对六轮提涨有所抵触 焦炭短期高位波动

News Summary Core Viewpoint - The coal and coke market is experiencing price adjustments, with a focus on the recent price increases in Hebei and the overall supply-demand dynamics in the industry [1][2]. Group 1: Market Pricing and Trends - As of August 11, the sixth round of price increases for coke in Hebei has not yet been implemented, with current prices for first-grade dry coke at 1505-1525 RMB/ton and strong second-grade coke at 1485 RMB/ton [1]. - The Indonesian Ministry of Mining reported that coal exports reached 238 million tons from January to June, with a production target of 739.7 million tons by 2025 [1]. - On August 8, the Dalian Commodity Exchange reported 800 coke futures warehouse receipts, unchanged from the previous trading day [1]. Group 2: Institutional Perspectives - Ningzheng Futures noted that after consecutive price increases, coke production has rebounded, but the market remains tight. Steel mills are resistant to the sixth round of price hikes, making implementation challenging, although raw material prices remain high, providing short-term support for the market [2]. - Zhonghui Futures indicated that after five rounds of price increases, the profit margins for coke enterprises have improved, but the absolute profit levels remain limited, leading to moderate production enthusiasm. The overall supply-demand balance for coke is stable, with production and inventory levels showing little change. Recent news regarding coal production limits has boosted market sentiment, leading to short-term high volatility [2].