光大期货：12月19日矿钢煤焦日报

Rebar Steel - The rebar futures contract closed at 3125 CNY/ton, up 41 CNY/ton or 1.33% from the previous trading day, with a decrease in open interest by 28,800 contracts [10] - Spot prices increased, with Tangshan's ordinary billet price rising by 10 CNY/ton to 2950 CNY/ton and Hangzhou's Zhongtian rebar price up by 40 CNY/ton to 3220 CNY/ton; national construction material transaction volume reached 102,200 tons [10] - National rebar production increased by 29,000 tons week-on-week to 1.8168 million tons, down 370,500 tons year-on-year; social inventory decreased by 257,000 tons to 3.13 million tons, up 302,600 tons year-on-year [10] - Rebar inventory has decreased for ten consecutive weeks, alleviating structural contradictions, providing strong support for price trends [10] Iron Ore - The iron ore futures contract closed at 777.5 CNY/ton, up 9.5 CNY/ton or 1.2% from the previous trading day, with a trading volume of 320,000 contracts and an increase in open interest by 29,000 contracts [11] - Supply from Australia and Brazil has increased, while shipments from Canada and Peru have decreased; iron water production fell by 26,500 tons to 2.2655 million tons [11] - The inventory at 47 ports increased by 1.1406 million tons to 162.2553 million tons, while steel mill inventory decreased by 1.1 million tons to 87.24 million tons [11] Coking Coal - The coking coal futures contract closed at 1126.5 CNY/ton, up 64.5 CNY/ton or 6.07%, with an increase in open interest by 4,320 contracts [12] - Spot prices for low-sulfur coking coal in Shanxi increased by 100 CNY to 1600 CNY/ton; prices for Mongolian coal also rose [12] - Supply remains tight due to safety production considerations, while demand is primarily driven by essential purchases [12] Coke - The coke futures contract closed at 1603.5 CNY/ton, up 73 CNY/ton or 4.77%, with a decrease in open interest by 3,916 contracts [13] - Spot prices for metallurgical coke at Rizhao Port increased by 50 CNY to 1480 CNY/ton [13] - Environmental policies have led to production limits, causing a slight decline in production rates [13] Silicon Manganese - The silicon manganese futures contract closed at 5780 CNY/ton, up 0.38%, with an increase in open interest by 5,436 contracts [14] - The market price for silicon manganese ranges from 5500 to 5700 CNY/ton, with slight increases in certain regions [14] - Supply is expected to increase with new production capacity coming online, while demand for manganese in steel production has shown a decline [14] Silicon Iron - The silicon iron futures contract closed at 5592 CNY/ton, up 1.23%, with an increase in open interest by 2,459 contracts [15] - Prices for silicon iron range from 5170 to 5250 CNY/ton, with increases noted in certain regions [15] - The number of silicon iron production halts is increasing, leading to a gradual decrease in supply, while inventory levels remain high [15]