焦炭本身供需相对平衡 期价或易涨难跌为主

News Summary Core Viewpoint - The domestic independent coking plants' weekly operating load has decreased, while there are price increases planned for coking coal and coke in the market, indicating a complex interplay between supply and demand dynamics in the coking industry [1][2][3]. Group 1: Industry Operations - As of October 23, the weekly operating load of major independent coking plants in China is at 75.33%, down by 1.71 percentage points from the peak in September, with maintenance activities reported in Gansu, Shanxi, and Shandong regions [1]. - The Daqin Railway, a key transportation route for coal, completed its autumn maintenance on October 25, which will enhance the supply chain for electricity coal during the winter and spring seasons [1]. Group 2: Market Pricing and Trends - On October 29, the coking market in Xingtai plans to increase coke prices, with wet quenching coke up by 50 yuan/ton and dry quenching coke up by 55 yuan/ton, effective from October 31 [1]. - According to Guotou Anxin Futures, the second round of price increases for coke has been fully implemented, with coking coal prices rising faster, leading to general profit margins for coking being under pressure [2]. - Zhonghui Futures notes that while the second round of coke price increases has been realized, there are expectations for further price hikes, with a notable balance in supply and demand for coke itself [3].