供需双弱格局下 焦炭盘中低位震荡运行
Jin Tou Wang·2026-01-20 07:07

Group 1 - The coal futures market in China is experiencing a downward trend, with coking coal futures showing weak performance and a decline of approximately 2.82% [1] - The main coking coal futures contract opened at 1718.0 CNY/ton, with a trading range between 1681.0 CNY and 1721.0 CNY [1] Group 2 - According to Everbright Futures, the rising prices of raw material coking coal are increasing the financial pressure on coking enterprises, leading to reduced production enthusiasm, although downstream demand from steel mills remains stable [2] - Guoxin Futures noted that while coking enterprises have relaxed operational constraints, there is no significant supply shortage, and the actual demand from steel mills has weakened, resulting in a slight decrease in iron output [2] - Dayue Futures indicated that the continuous rise in coal prices is causing a decline in coking enterprise profits, leading to lower production intentions, while the demand from steel mills is weak, suggesting a balanced supply-demand situation for coking coal [2]