尾盘异动，全线大涨！“双焦价格底部已现”！

Group 1 - A coal mine accident in Fujian Daitian resulted in 7 fatalities, leading to a rapid increase in coking coal futures prices, with the main contract rising by 6.18% to over 1200 yuan/ton [1] - Coking coal futures contracts experienced significant gains, with various contracts showing increases ranging from 4.32% to 6.18% [2][3] - Analysts suggest that the rebound in coking coal and coke futures is primarily influenced by the mine accident news rather than fundamental market conditions [4] Group 2 - Recent "anti-involution" policies have dampened bullish sentiment in the commodity market, with exchanges adjusting fees to reduce market volatility [4] - Basic supply and demand dynamics indicate a recent recovery in mining output, with coal imports increasing significantly since late July, suggesting a potential rise in future coking coal arrivals [4] - Current inventory levels for coking coal are stable, but there is an increase in upstream coal mine inventories, indicating rising pressure on coking coal supply [5] Group 3 - The market is currently experiencing a transition from a replenishment phase to a destocking phase, with coking coal inventories at steel mills decreasing slightly [5] - The demand for coking coal may weaken further due to seasonal factors and potential production cuts in northern steel mills [5][6] - The trading logic in the market reflects a struggle between the residual effects of "anti-involution" policies and weak fundamental realities, with expectations of further price declines in the short term [6]