永安期货焦煤日报-20251106

Report Overview - Report Title: Coking Coal Daily Report - Research Team: Black Team of the Research Center - Report Date: November 6, 2025 [1] Industry Investment Rating - No industry investment rating is provided in the report. Core Viewpoints - No core viewpoints are provided in the report. Key Data Summaries Coal Prices - Domestic Coal: The latest price of Liulin Main Coking Coal is 1645.00, with no daily change, a weekly increase of 70.00, a monthly increase of 95.00, and an annual increase of 0.30%. The price of Anze Main Coking Coal is 1660.00, with a daily increase of 60.00, a weekly increase of 60.00, a monthly increase of 130.00, and an annual increase of 0.61%. The price of Shaheyi Meng 5 is 1550.00, with no daily change, a weekly increase of 80.00, a monthly increase of 100.00, and an annual decrease of 6.63%. The price of Raw Coal Port Delivery Price is 1165.00, with a daily decrease of 5.00, a weekly increase of 25.00, a monthly increase of 153.00, and an annual increase of 2.19% [2]. - Imported Coal: The latest price of Peak Downs is 211.50, with no daily or weekly change, a monthly increase of 6.50, and an annual decrease of 9.50. The price of Goonyella is 211.50, with the same daily, weekly, monthly, and annual changes as Peak Downs [2]. - Futures Prices: The latest price of Futures Contract 05 is 1323.00, with a daily decrease of 8.00, a weekly decrease of 46.00, a monthly increase of 91.50, and an annual decrease of 8.57%. The price of Futures Contract 09 is 1392.50, with a daily decrease of 2.00, a weekly decrease of 46.50, a monthly increase of 84.50, and an annual decrease of 5.50%. The price of Futures Contract 01 is 1260.50, with a daily decrease of 14.00, a weekly decrease of 37.50, a monthly increase of 114.50, and an annual decrease of 7.66% [2]. Inventory Data - Total Inventory: The total coking coal inventory is 3322.59, with a weekly increase of 19.06, a monthly decrease of 31.74, and an annual decrease of 13.86% [2]. - Sub - inventories: Coal mine inventory is 164.53, with a weekly decrease of 25.01, a monthly decrease of 27.01, and an annual decrease of 40.57%. Port inventory is 275.65, with a weekly increase of 2.94, a monthly increase of 10.16, and an annual decrease of 33.84%. Steel mill coking coal inventory is 782.96, with a weekly decrease of 5.36, a monthly decrease of 13.11, and an annual increase of 6.16%. Coking plant coking coal inventory is 1029.70, with a weekly increase of 32.33, a monthly increase of 30.63, and an annual increase of 11.53% [2]. Basis and Spread Data - Basis: The 05 basis is 41.14, with a daily increase of 8.00, a weekly increase of 98.87, a monthly increase of 79.76, and an annual increase of 111.36. The 09 basis is - 28.36, with a daily increase of 2.00, a weekly increase of 99.37, a monthly increase of 86.76, and an annual decrease of 0.71. The 01 basis is 103.64, with a daily increase of 14.00, a weekly increase of 90.37, a monthly increase of 56.76, and an annual increase of 7.80 [2]. - Spread: The 5 - 9 spread is - 69.50, with a daily decrease of 6.00, a weekly increase of 0.50, a monthly increase of 7.00, and an annual increase of 1.62. The 9 - 1 spread is 132.00, with a daily increase of 12.00, a weekly decrease of 9.00, a monthly decrease of 30.00, and an annual increase of 0.22. The 1 - 5 spread is - 62.50, with a daily decrease of 6.00, a weekly increase of 8.50, a monthly increase of 23.00, and an annual decrease of 0.24 [2]. Other Data - Coking Capacity Utilization: Coking capacity utilization is 73.44, with a weekly decrease of 0.03, a monthly decrease of 1.69, and an annual decrease of 0.33% [2]. - Coking Plant Coke Inventory: Coking plant coke inventory is 85.21, with a weekly increase of 0.18, a monthly decrease of 0.61, and an annual decrease of 1.58% [2]