永安期货焦煤日报-20251114

Report Information - Report Title: Coking Coal Daily Report - Date: November 14, 2025 - Research Team: Black Team of the Research Center [1] Price Information - Coal Prices: The latest price of Liulin Main Coking Coal is 1,645.00, with no daily or weekly change, a monthly increase of 95.00, and an annual increase of 3.46%. The price of Raw Coal Port Delivery Price is 1,100.00, with no daily change, a weekly decrease of 65.00, a monthly increase of 60.00, and an annual decrease of 0.90%. Other coal types also show different price changes [2]. - Futures Prices: The latest price of Futures Contract 05 is 1,263.50, a daily decrease of 12.50, a weekly decrease of 62.00, a monthly increase of 19.50, and an annual decrease of 6.09%. Similar price trends are observed in Futures Contracts 09 and 01 [2]. Inventory Information - Total Inventory: The total inventory is 3,359.36, with a weekly decrease of 2.16, a monthly increase of 39.79, and an annual decrease of 15.58%. - Sub - inventories: Coal mine inventory is 165.06, with a weekly decrease of 0.53, a monthly decrease of 40.35, and an annual decrease of 47.52%. Port inventory is 304.27, with a weekly increase of 14.12, a monthly increase of 9.28, and an annual decrease of 25.83%. Steel mill coking coal inventory is 787.30, with a weekly decrease of 9.02, a monthly increase of 6.17, and an annual increase of 6.22%. Coking plant coking coal inventory is 1,070.02, with a weekly increase of 17.54, a monthly increase of 110.96, and an annual increase of 18.39% [2]. Other Information - Coking Capacity Utilization: The coking capacity utilization rate is 71.64, with a weekly decrease of 0.67, a monthly decrease of 2.60, and an annual decrease of 2.06%. - Coking Coke Inventory: The coking coke inventory is 85.14, with a weekly increase of 0.15, a monthly increase of 0.42, and an annual decrease of 1.60%. - Price Spreads: The 5 - 9 spread is - 66.00, with a daily increase of 5.00, a weekly decrease of 15.00, a monthly increase of 17.50, and an annual increase of 0.91%. Similar trends are seen in the 9 - 1 and 1 - 5 spreads [2].