焦煤日报-20250529

Report Information - Report Title: Coking Coal Daily Report - Research Team: Black Team of the Research Center - Report Date: May 29, 2025 [1] Price and Inventory Data Coal Prices - Domestic Coking Coal: The latest price of Liulin Main Coking Coal is 1200.00 yuan, with no daily change, no weekly change, a monthly decrease of 110.00 yuan, and an annual decrease of 40.00%. The current price of Anze Main Coking Coal is also 1200.00 yuan, with 0.00 yuan daily change, a 30.00 yuan weekly decrease, a 100.00 yuan monthly decrease, and a 40.00% annual decrease. The price of Shaheyi Meng 5 is 1180.00 yuan, with no daily or weekly change, a 60.00 yuan monthly decrease, and a 36.22% annual decrease. The price of raw coal at the port of entry is 740.00 yuan, with 0.00 yuan daily change, a 40.00 yuan weekly decrease, a 95.00 yuan monthly decrease, and a 44.78% annual decrease [2]. - Imported Coking Coal: The latest price of Peak Downs is 207.00 yuan, with 0.00 yuan daily change, a 2.50 yuan weekly increase, a 3.50 yuan monthly increase, and a 61.00 yuan annual decrease. The price of Goonyella is 208.00 yuan, with 0.00 yuan daily change, a 2.50 yuan weekly increase, a 3.50 yuan monthly increase, and a 60.00 yuan annual decrease [2]. Futures Prices - Futures Contracts: The latest price of the 05 contract is 818.00 yuan, with a 6.50 yuan daily decrease, a 52.00 yuan weekly decrease, a 78.00 yuan monthly decrease, and a 55.42% annual decrease. The price of the 09 contract is 790.50 yuan, with a 6.00 yuan daily decrease, a 44.50 yuan weekly decrease, a 172.50 yuan monthly decrease, and a 55.48% annual decrease. The price of the 01 contract is 805.00 yuan, with a 7.50 yuan daily decrease, a 45.50 yuan weekly decrease, a 209.00 yuan monthly decrease, and a 56.89% annual decrease [2]. Inventory Data - Total Inventory: The total coking coal inventory is 3983.64 thousand tons, with a 72.38 thousand tons weekly increase, a 161.74 thousand tons monthly increase, and a 20.01% annual increase. Among them, the coal mine inventory is 447.53 thousand tons, with a 37.08 thousand tons weekly increase, a 92.93 thousand tons monthly increase, and a 72.97% annual increase. The port inventory is 306.09 thousand tons, with an 8.28 thousand tons weekly increase, a 31.29 thousand tons monthly decrease, and a 36.95% annual increase. The steel mill coking coal inventory is 791.21 thousand tons, with a 4.00 thousand tons weekly increase, a 6.98 thousand tons monthly increase, and a 5.15% annual increase. The coking plant coking coal inventory is 884.93 thousand tons, with a 31.69 thousand tons weekly decrease, a 91.20 thousand tons monthly decrease, and a 7.20% annual decrease [2]. Other Data - Coking Capacity Utilization: The coking capacity utilization rate is 75.87%, with a 0.17 percentage - point weekly increase, a 0.51 percentage - point monthly increase, and a 5.04% annual increase. The coking plant's coke inventory is 87.21 thousand tons, with a 0.01 thousand tons weekly decrease, a 0.34 thousand tons monthly decrease, and a 0.10% annual decrease [2]. - Futures Basis and Spreads: The 05 basis is 135.27 yuan, with a 49.62 yuan daily decrease, a 4.12 yuan weekly decrease, a 54.65 yuan monthly decrease, and a 363.94 yuan annual increase. The 09 basis is 162.77 yuan, with a 50.12 yuan daily decrease, an 11.62 yuan weekly decrease, a 39.85 yuan monthly increase, and a 1.96 yuan annual decrease. The 01 basis is 148.27 yuan, with a 48.62 yuan daily decrease, a 10.62 yuan weekly decrease, a 76.35 yuan monthly increase, and a 1.57 yuan annual decrease. The 5 - 9 spread is 27.50 yuan, with a 0.50 yuan daily decrease, a 7.50 yuan weekly decrease, a 94.50 yuan monthly increase, and a 0.54 yuan annual decrease. The 9 - 1 spread is - 14.50 yuan, with a 1.50 yuan daily increase, a 1.00 yuan weekly increase, a 36.50 yuan monthly increase, and a 0.84 yuan annual decrease. The 1 - 5 spread is - 13.00 yuan, with a 1.00 yuan daily decrease, a 6.50 yuan weekly increase, a 131.00 yuan monthly decrease, and a 1.40 yuan annual decrease [2].