今日提价“！多家企业发函 双焦期价要涨？

Core Viewpoint - The continuous rise in coking coal prices is leading to increased losses for coking enterprises, prompting a need to raise coking prices to restore profitability [2][3]. Group 1: Price Adjustments - From November 10, 2025, the price of wet quenching coke will increase by 50 yuan per ton, and dry quenching coke will increase by 55 yuan per ton [1]. - Analysts predict that there may be 4 to 5 rounds of price increases for coking coal due to ongoing price pressures [2]. Group 2: Supply and Demand Dynamics - Current supply of coking coal and coke is tight, with downstream procurement being active, resulting in a short-term supply-demand imbalance [2]. - As of October, the total social inventory of coke has decreased by 2% year-on-year, while the total inventory of coking coal has decreased by 5% year-on-year [2]. Group 3: Production Challenges - Certain coal mines in Shanxi are experiencing production declines due to safety issues, and overall coal mine operating rates are expected to remain low through the end of the year [3]. - The import volume of coal from Mongolia has significantly decreased, with a 21.3% drop in daily customs clearance at the Ganqimaodu port compared to September [3]. Group 4: Market Outlook - The futures market for coking coal and coke is experiencing high volatility, with differing opinions on future trends among industry participants [4]. - The market is currently characterized by a balance between supply constraints and weak steel demand, which may lead to increased price fluctuations [5].