光大期货矿钢煤焦类日报1.21

Group 1: Rebar Steel - The rebar futures contract closed at 3111 CNY/ton, down 29 CNY/ton or 0.92% from the previous trading day, with an increase in open interest by 13,300 contracts [3][12] - Spot prices for rebar and related products have slightly decreased, with Tangshan's price dropping by 20 CNY/ton to 2930 CNY/ton and Hangzhou's price also down by 20 CNY/ton to 3210 CNY/ton [3][12] - A significant explosion at a large steel mill has led to expectations of production halts for up to three months, contributing to a decrease in daily average pig iron production by 14,900 tons to 2.2801 million tons [3][12] Group 2: Iron Ore - The iron ore futures contract closed at 789.5 CNY/ton, down 4.5 CNY/ton or 0.57%, with a trading volume of 360,000 contracts and a reduction in open interest by 30,000 contracts [3][12] - Global iron ore shipments have decreased, particularly from Australia and Brazil, while other countries have seen slight increases, leading to an overall decline in supply [3][12] - Iron water production has decreased by 14,900 tons to 2.2801 million tons, contributing to rising port and steel mill inventories [3][12] Group 3: Coking Coal - The coking coal futures contract closed at 1124 CNY/ton, down 50.5 CNY/ton or 4.3%, with an increase in open interest by 29,998 contracts [5][14] - The supply of coking coal remains stable, with increased production from coal mines and improved shipment rates, while demand from steel companies has shown a slight slowdown [5][14] - The price of certain coal products has varied, with some increasing while others have decreased, indicating mixed market conditions [5][14] Group 4: Coke - The coke futures contract closed at 1673.5 CNY/ton, down 47.5 CNY/ton or 2.76%, with an increase in open interest by 792 contracts [6][15] - The current supply of coke is stable, with production levels remaining consistent, but demand from steel mills has decreased due to seasonal factors [6][15] - The price of coke in the spot market has also seen a decline, with the price at Rizhao Port dropping by 20 CNY/ton to 1450 CNY/ton [6][15] Group 5: Manganese Silicon - The manganese silicon futures contract closed at 5760 CNY/ton, down 0.89%, with a decrease in open interest by 13,668 contracts to 215,200 contracts [7][16] - Prices in various regions have decreased, with Inner Mongolia down by 20 CNY/ton and Ningxia down by 30 CNY/ton [7][16] - The overall market sentiment is weak, influenced by declining prices in the black metal sector, particularly for coking coal and coke [7][16] Group 6: Silicon Iron - The silicon iron futures contract closed at 5552 CNY/ton, down 0.07%, with an increase in open interest by 15,954 contracts to 245,600 contracts [8][17] - The export volume of silicon iron has increased by 7.6% month-on-month, but the annual cumulative export has decreased by 8.15% [8][17] - The supply of silicon iron remains stable, with production at a five-year low, while demand from steel mills is limited [8][17]