瑞达期货焦煤焦炭产业日报-20250508

Industry Investment Rating - Not mentioned in the report Core Viewpoints - On May 8, the closing price of the coking coal 2509 contract was 894.0, down 2.13%. The spot price of Meng 5 raw coal remained stable at 830. The supply was loose, mine production was stable, and the clean coal inventory increased significantly this period. Affected by tariffs, the sector's demand was under pressure. Technically, the 4 - hour cycle K - line was below the 20 and 60 moving averages, and it was expected to fluctuate weakly [2]. - On May 8, the closing price of the coke 2509 contract was 1478.0, down 2.25%. After the first round of price increase was implemented, the spot price remained stable. Relevant national ministries and commissions were actively deploying and promoting the regulation of national crude steel production. In the short - term, the supply elasticity of coke was better than that of coking coal, and the increase space of hot metal production was limited. The average loss per ton of coke for 30 independent coking plants nationwide this period was 6 yuan/ton. Technically, the 4 - hour cycle K - line was below the 20 and 60 moving averages, and it was expected to fluctuate [2]. Summary by Directory Futures Market - JM主力合约收盘价为894.00元/吨，环比下跌14.00元；J主力合约收盘价为1478.00元/吨，环比下跌29.00元[2]。 - JM期货合约持仓量为418835.00手，环比增加19479.00手；J期货合约持仓量为50876.00手，环比增加3442.00手[2]。 - 焦煤前20名合约净持仓为 - 54146.00手，环比增加6251.00手；焦炭前20名合约净持仓为1108.00手，环比增加304.00手[2]。 - JM9 - 5月合约价差为25.00元/吨，环比增加5.50元；J9 - 5月合约价差为 - 52.00元/吨，环比持平[2]。 - 焦煤仓单为3700.00张，环比增加400.00张；焦炭仓单为1140.00张，环比增加20.00张[2]。 Spot Market - 干其毛都蒙5原煤价格为830.00元/吨，环比持平；唐山准一级冶金焦价格为1630.00元/吨，环比持平[2]。 - 俄罗斯主焦煤远期现货（CFR）价格为117.50美元/湿吨，环比持平；唐山二级冶金焦价格为1635.00元/吨，环比持平[2]。 - 京唐港澳大利亚进口主焦煤价格为1280.00元/吨，环比持平；天津港一级冶金焦价格为1540.00元/吨，环比持平[2]。 - 京唐港山西产主焦煤价格为1380.00元/吨，环比持平；天津港准一级冶金焦价格为1440.00元/吨，环比持平[2]。 - 山西晋中灵石中硫主焦价格为1100.00元/吨，环比持平；内蒙古乌海产焦煤出厂价为1150.00元/吨，环比持平[2]。 - JM主力合约基差为206.00元/吨，环比增加14.00元；J主力合约基差为152.00元/吨，环比增加29.00元[2]。 Upstream Situation - 110家洗煤厂原煤库存为289.85万吨，环比增加3.81万吨；110家洗煤厂精煤库存为197.28万吨，环比增加3.39万吨[2]。 - 110家洗煤厂开工率为62.42%，环比下降0.55个百分点；原煤产量为44058.20万吨，环比增加173.40万吨[2]。 - 煤及褐煤进口量为3873.00万吨，环比增加437.00万吨；523家炼焦煤矿山原煤日均产量为202.10万吨，环比增加0.40万吨[2]。 National Industry Situation - 16个港口进口焦煤库存为574.98万吨，环比减少11.50万吨；焦炭18个港口库存为290.79万吨，环比减少4.69万吨[2]。 - 独立焦企全样本炼焦煤总库存为959.28万吨，环比减少9.68万吨；独立焦企全样本焦炭库存为98.96万吨，环比减少5.91万吨[2]。 - 247家钢厂炼焦煤库存为784.79万吨，环比增加2.31万吨；全国247家样本钢厂焦炭库存为675.22万吨，环比增加8.87万吨[2]。 - 独立焦企全样本炼焦煤可用天数为12.46天，环比增加0.07天；247家样本钢厂焦炭可用天数为12.17天，环比增加0.11天[2]。 - 炼焦煤进口量为858.81万吨，环比减少29.51万吨；焦炭及半焦炭出口量为76.00万吨，环比增加34.00万吨[2]。 - 炼焦煤产量为4161.47万吨，环比增加538.88万吨；独立焦企产能利用率为75.56%，环比增加0.20个百分点[2]。 - 独立焦化厂吨焦盈利情况为 - 9.00元/吨，环比增加7.00元/吨；焦炭产量为4129.40万吨，环比增加4129.40万吨[2]。 National Downstream Situation - 247家钢厂高炉开工率为84.35%，环比持平；247家钢厂高炉炼铁产能利用率为92.03%，环比增加0.41个百分点[2]。 - 粗钢产量为9284.14万吨，环比增加1687.22万吨[2]。 Industry News - China's sixth financial asset investment company (AIC) will be established by Industrial Bank Co., Ltd., the first AIC established by a joint - stock bank after an eight - year hiatus [2]。 - People's Bank of China Governor Pan Gongsheng firmly supports Huijin Company to increase its holdings of stock market index funds when necessary and will provide sufficient re - loans to it to maintain the stable operation of the capital market [2]。 - Zhuhai, Guangdong Province, recently issued measures to promote the high - quality development of the real estate market, including encouraging the "old - for - new" housing exchange and providing a 1% purchase subsidy for new home purchases, with a maximum subsidy of 30,000 yuan per property [2]。 - In April this year, the EU voted to impose a maximum 25% tariff on a series of US products, and the implementation has been postponed to July [2]。