Core Viewpoint - The main focus of the news is the significant increase in coking coal futures, which reached a peak of 1314.0 yuan, reflecting a rise of 6.80% [1] Group 1: Market Analysis - Coking coal futures are expected to experience high-level fluctuations, with supply-side checks on overproduction leading to a reduction in output from mines [2] - The inventory of coking coal is decreasing, with significant reductions in coal mine stocks, while independent coking enterprises are seeing improved profit margins, leading to increased purchasing activity [2] - The demand from downstream steel mills remains resilient, although there is resistance to price increases from the downstream sector [2] Group 2: Institutional Perspectives - Guantong Futures predicts that coking coal will primarily experience high-level fluctuations [2] - Zhongjin Wealth Futures suggests that the short-term strong trend of coking coal is likely to continue, supported by both fundamental and policy expectations [3] - Ruida Futures indicates a generally strong outlook for coking coal, with a focus on risk control due to the current market conditions [4]
钢厂需求韧性佳 焦煤盘面短期偏强态势或将延续
Jin Tou Wang·2025-08-12 06:04