永安期货焦炭日报-20251020

Report Information - Report Name: Coke Daily Report - Date: October 20, 2025 - Research Team: Black Team of the Research Center [1] Industry Investment Rating - Not provided in the report Core Viewpoints - Not provided in the report Summary by Relevant Catalogs Coke Prices - The latest price of Shanxi quasi - first wet quenching coke is 1482.39, with no daily change, no weekly change, a monthly increase of 54.61, and a year - on - year decrease of 21.49% [2] - The latest price of Hebei quasi - first dry quenching coke is 1735.00, with no daily change, no weekly change, a monthly increase of 55.00, and a year - on - year decrease of 4.14% [2] - The latest price of Shandong quasi - first dry quenching coke is 1660.00, with no daily change, no weekly change, a monthly increase of 55.00, and a year - on - year decrease of 19.61% [2] - The latest price of Jiangsu quasi - first dry quenching coke is 1700.00, with no daily change, no weekly change, a monthly increase of 55.00, and a year - on - year decrease of 19.24% [2] - The latest price of Inner Mongolia second - grade coke is 1180.00, with no daily change, no weekly change, a monthly increase of 100.00, and a year - on - year decrease of 28.48% [2] Production and Inventory - The blast furnace operating rate is 90.33, with a weekly decrease of 0.22, a monthly decrease of 0.02, and a year - on - year increase of 3.22% [2] - The average daily iron water output is 240.95, with a weekly decrease of 0.59, a monthly decrease of 0.07, and a year - on - year increase of 2.81% [2] - The coking plant inventory is 37.59, with a weekly decrease of 4.95, a monthly decrease of 4.62, and a year - on - year decrease of 1.36% [2] - The port inventory is 195.15, with a weekly increase of 0.06, a monthly decrease of 8.95, and a year - on - year increase of 8.28% [2] - The steel mill inventory is 639.44, with a weekly decrease of 11.38, a monthly decrease of 5.23, and a year - on - year increase of 13.58% [2] - The steel mill inventory days are 11.19, with a weekly decrease of 0.23, a monthly decrease of 0.23, and a year - on - year increase of 3.80% [2] - The coking capacity utilization rate is 74.95, with a weekly decrease of 0.05, a monthly decrease of 0.63, and a year - on - year increase of 2.57% [2] - The average daily coke output is 51.28, with a weekly decrease of 1.03, a monthly decrease of 0.55, and a year - on - year increase of 0.23% [2] Futures Market - The price of futures contract 05 is 1797, with a daily increase of 15.50, a weekly decrease of 16.50, a monthly increase of 53.00, and a year - on - year decrease of 17.36% [2] - The price of futures contract 09 is 1876, with a daily increase of 11.50, a weekly decrease of 29.00, a monthly increase of 363.50, and a year - on - year decrease of 13.85% [2] - The price of futures contract 01 is 1649, with a daily increase of 13.50, a weekly decrease of 12.50, a monthly increase of 33.50, and a year - on - year decrease of 22.62% [2] - The 05 basis is - 25.61, with a daily decrease of 15.50, a weekly increase of 16.50, a monthly decrease of 53.00, and a year - on - year decrease of 117.58 [2] - The 09 basis is - 104.61, with a daily decrease of 11.50, a weekly increase of 29.00, a monthly decrease of 363.50, and a year - on - year decrease of 193.58 [2] - The 01 basis is 122.39, with a daily decrease of 13.50, a weekly increase of 12.50, a monthly decrease of 33.50, and a year - on - year decrease of 13.08 [2] - The 5 - 9 spread is - 148.00, with a daily decrease of 2.00, a weekly increase of 4.00, a monthly decrease of 19.50, and a year - on - year decrease of 104.50 [2] - The 9 - 1 spread is - 79.00, with a daily increase of 4.00, a weekly increase of 12.50, a monthly decrease of 310.50, and a year - on - year decrease of 76.00 [2] - The 1 - 5 spread is 227.00, with a daily decrease of 2.00, a weekly decrease of 16.50, a monthly increase of 330.00, and a year - on - year increase of 180.50 [2]