煤焦：市场情绪偏弱，盘面承压运行

Group 1: Report's Industry Investment Rating - Not provided Group 2: Report's Core View - Short - term domestic coal mine production has a slight recovery, and the Mongolian coal customs clearance volume has increased significantly. Demand fluctuates slightly, and attention should be paid to the transmission of off - season pressure to the raw material end. Coking coal prices are still in the range of 1100 - 1300 yuan/ton [3] Group 3: Summary According to the Content of the Report Market Performance - Yesterday, the coking coal and coke futures prices fluctuated downwards, with the decline of the near - month coking coal contract exceeding 4.0%. The night session continued to be weak, trading at a discount to the spot, and the weak delivery logic dragged down the near - month price. The spot market was generally weak and stable, with the prices of individual coal types回调 [3] Supply Side - Last week, coal mine production in many parts of Shanxi recovered, and there is still an expectation of production increase in the short term. The daily output of clean coal was 75.7 tons, an increase of 1.9 tons compared with the previous week and a decrease of 3.3 tons year - on - year. In the import aspect, from November 10 - 15, the daily average customs clearance volume of Mongolian coal at the Ganqimaodu Port was 17.45 tons, a decrease of 2.07 tons compared with the previous week, but still at a relatively high level overall, and the inventory in the port supervision area showed an increasing trend [3] Demand Side - Steel mill profits continued to shrink, with the profit rate falling below 40%. Recently, the phased production restriction policy in the Tangshan area was lifted, leading to an increase in molten iron production. The daily average molten iron production last week rose to 236.88 tons, an increase of 2.66 tons compared with the previous week. Future attention should be paid to the profitability and production rhythm of steel mills [3]