焦炭日报-20250815

Report Information - Report Title: Coke Daily Report - Report Date: August 15, 2025 - Research Team: Black Team of the Research Center [1] Industry Investment Rating - Not provided in the given content Core Viewpoints - Not provided in the given content Summary by Relevant Catalogs 1. Coke Price - The price of Shanxi quasi-primary wet quenching coke is 1,481.33 yuan, with a daily change of 54.61 yuan, a weekly change of 54.61 yuan, a monthly change of 327.68 yuan, and a year-on-year decrease of 17.31% [2] - The price of Hebei quasi-primary wet quenching coke is 1,650.00 yuan, with no daily or weekly change, a monthly change of 275.00 yuan, and a year-on-year decrease of 18.52% [2] - The price of Shandong quasi-primary dry quenching coke is 1,605.00 yuan, with no daily or weekly change, a monthly change of 275.00 yuan, and a year-on-year decrease of 22.28% [2] - The price of Jiangsu quasi-primary dry quenching coke is 1,645.00 yuan, with no daily or weekly change, a monthly change of 275.00 yuan, and a year-on-year decrease of 21.85% [2] - The price of Inner Mongolia secondary coke is 1,180.00 yuan, with a daily change of 50.00 yuan, a weekly change of 50.00 yuan, a monthly change of 300.00 yuan, and a year-on-year decrease of 18.62% [2] 2. Production and Consumption Indicators - The blast furnace operating rate is 90.09%, with a weekly decrease of 0.15%, a monthly increase of 0.19%, and a year-on-year increase of 1.37% [2] - The average daily pig iron output is 240.66 thousand tons, with a weekly increase of 0.34 thousand tons, a monthly decrease of 1.78 thousand tons, and a year-on-year increase of 5.20% [2] - The coking plant inventory is 39.31 thousand tons, with a weekly decrease of 5.32 thousand tons, a monthly decrease of 16.24 thousand tons, and a year-on-year decrease of 13.98% [2] - The port inventory is 215.11 thousand tons, with a weekly decrease of 3.04 thousand tons, a monthly increase of 16.00 thousand tons, and a year-on-year increase of 14.29% [2] - The steel mill inventory is 609.80 thousand tons, with a weekly decrease of 9.48 thousand tons, a monthly decrease of 29.19 thousand tons, and a year-on-year increase of 14.24% [2] - The steel mill inventory days are 10.83 days, with a weekly decrease of 0.08 days, a monthly decrease of 0.63 days, and a year-on-year increase of 1.50% [2] - The coking capacity utilization rate is 73.75%, with a weekly increase of 0.27%, a monthly increase of 1.03%, and a year-on-year increase of 1.12% [2] - The average daily coke output is 51.67 thousand tons, with a weekly decrease of 0.11 thousand tons, a monthly decrease of 1.53 thousand tons, and a year-on-year decrease of 3.78% [2] 3. Futures Market Indicators - The futures price of contract 05 is 1,813 yuan, with a daily decrease of 52.50 yuan, a weekly increase of 1.00 yuan, a monthly increase of 235.00 yuan, and a year-on-year decrease of 11.32% [2] - The futures price of contract 09 is 1,650 yuan, with a daily decrease of 58.00 yuan, a weekly increase of 1.50 yuan, a monthly increase of 146.00 yuan, and a year-on-year decrease of 12.61% [2] - The futures price of contract 01 is 1,721 yuan, with a daily decrease of 63.00 yuan, a weekly decrease of 8.50 yuan, a monthly increase of 176.00 yuan, and a year-on-year decrease of 12.44% [2] - The basis of contract 05 is -32.00 yuan, with a daily increase of 111.22 yuan, a weekly increase of 63.10 yuan, a monthly increase of 128.09 yuan, and a year-on-year decrease of 85.80 yuan [2] - The basis of contract 09 is 131.00 yuan, with a daily increase of 116.72 yuan, a weekly increase of 62.60 yuan, a monthly increase of 217.09 yuan, and a year-on-year decrease of 79.30 yuan [2] - The basis of contract 01 is 60.00 yuan, with a daily increase of 121.72 yuan, a weekly increase of 72.60 yuan, a monthly increase of 187.09 yuan, and a year-on-year decrease of 72.80 yuan [2] - The spread between contracts 05 and 09 is -92.00 yuan, with a daily decrease of 10.50 yuan, a weekly decrease of 9.50 yuan, a monthly decrease of 59.00 yuan, and a year-on-year decrease of 13.00 yuan [2] - The spread between contracts 09 and 01 is 163.00 yuan, with a daily increase of 5.50 yuan, a weekly decrease of 0.50 yuan, a monthly increase of 89.00 yuan, and a year-on-year increase of 6.50 yuan [2] - The spread between contracts 01 and 05 is -71.00 yuan, with a daily increase of 5.00 yuan, a weekly increase of 10.00 yuan, a monthly decrease of 30.00 yuan, and a year-on-year increase of 6.50 yuan [2]