焦煤期货近期行业政策与期货风险管控措施总结

Group 1: Industry Policy and Event Timeline - On June 5 - 25, 2025, the reference price of CCTD seaborne thermal coal spot remained unchanged at 618 yuan/ton for 15 days [2] - On July 1, 2025, the Sixth Meeting of the Central Financial and Economic Commission was held, providing a direction for the policy deployment of "comprehensive rectification of involution - style competition" [2] - On July 10, 2025, the National Energy Administration issued a notice on organizing a verification of coal mine production to promote the stable and orderly supply of coal [2] - On July 18, 2025, the Shanxi Provincial Energy Bureau issued a notice on organizing a verification of coal mine production [2] - On July 25, 2025, the Dalian Commodity Exchange announced position limits for coking coal futures contracts 250, 2601 [2] - On August 8, 2025, the Shanxi Provincial Emergency Management Department issued a notice on the work plan for on - the - spot inspections of mine safety production in the whole province [2] Group 2: Market Characteristics - The game between policies and the market is more intense when comparing the M2509, JM2601, and JM2605 contracts with the main continuous contract of coking coal in Wenhua Finance [5]