永安期货焦炭日报-20251124

1. Report Industry Investment Rating - No relevant information is provided in the text. 2. Core Viewpoints of the Report - The report presents the latest data, daily, weekly, monthly, and year - on - year changes of various indicators in the coke industry on November 24, 2025, including coke prices, production, inventory, and related market indicators [2]. 3. Summary by Related Catalogs 3.1 Coke Price - The latest price of Shanxi quasi - first wet quenching coke is 1649.42, with no daily change, a weekly increase of 57.81, a monthly increase of 167.03, and a year - on - year decrease of 7.17% [2]. - The latest price of Hebei quasi - first dry quenching coke is 1900.00, with no daily change, a weekly increase of 55.00, a monthly increase of 165.00, and a year - on - year increase of 11.11% [2]. - The latest price of Shandong quasi - first dry quenching coke is 1825.00, with no daily change, a weekly increase of 55.00, a monthly increase of 165.00, and a year - on - year decrease of 6.65% [2]. - The latest price of Jiangsu quasi - first dry quenching coke is 1865.00, with no daily change, a weekly increase of 55.00, a monthly increase of 165.00, and a year - on - year decrease of 6.52% [2]. - The latest price of Inner Mongolia second - grade coke is 1330.00, with no daily change, a weekly increase of 50.00, a monthly increase of 150.00, and a year - on - year decrease of 8.28% [2]. 3.2 Production and Utilization Rate - The blast furnace operating rate is 88.58, with a weekly decrease of 0.22, a monthly decrease of 1.36, and no year - on - year change [2]. - The daily average iron water output is 236.28, with a weekly decrease of 0.60, a monthly decrease of 3.62, and a year - on - year increase of 0.20% [2]. - The coking capacity utilization rate is 71.10, with a weekly decrease of 0.74, a monthly decrease of 2.89, and a year - on - year decrease of 1.92% [2]. - The daily average coke output is 52.89, with a weekly decrease of 0.23, a monthly increase of 1.68, and a year - on - year increase of 2.74% [2]. 3.3 Inventory - The coking plant inventory is 43.44, with a weekly increase of 7.29, a monthly increase of 5.95, and a year - on - year increase of 7.87% [2]. - The port inventory is 193.00, with a weekly decrease of 5.80, a monthly decrease of 7.09, and a year - on - year increase of 8.93% [2]. - The steel mill inventory is 622.34, with a weekly decrease of 0.06, a monthly decrease of 10.82, and a year - on - year increase of 4.48% [2]. - The steel mill inventory days are 11.05, with a weekly decrease of 0.01, a monthly decrease of 0.02, and a year - on - year decrease of 3.75% [2]. 3.4 Futures Market - The latest price of futures contract 05 is 1789, with a daily increase of 3.00, a weekly decrease of 53.00, a monthly decrease of 81.00, and a year - on - year decrease of 11.00% [2]. - The latest price of futures contract 09 is 1852, with a daily increase of 4.50, a weekly decrease of 64.50, a monthly decrease of 105.00, and a year - on - year decrease of 10.19% [2]. - The latest price of futures contract 01 is 1632, with a daily decrease of 4.00, a weekly decrease of 66.00, a monthly decrease of 99.00, and a year - on - year decrease of 15.72% [2]. - The 05 basis is 175.97, with a daily decrease of 3.00, a weekly increase of 50.85, a monthly increase of 274.58, and a year - on - year increase of 105.53 [2]. - The 09 basis is 109.97, with a daily decrease of 4.50, a weekly increase of 62.35, a monthly increase of 298.58, and a year - on - year increase of 95.03 [2]. - The 01 basis is 332.97, with a daily increase of 4.00, a weekly increase of 63.85, a monthly increase of 292.58, and a year - on - year increase of 189.03 [2]. - The 5 - 9 spread is - 157.00, with a daily decrease of 7.00, a weekly decrease of 13.00, a monthly decrease of 18.00, and a year - on - year decrease of 83.50 [2]. - The 9 - 1 spread is - 66.00, with a daily decrease of 1.50, a weekly increase of 11.50, a monthly increase of 24.00, and a year - on - year decrease of 10.50 [2]. - The 1 - 5 spread is 223.00, with a daily increase of 8.50, a weekly increase of 1.50, a monthly decrease of 6.00, and a year - on - year increase of 94.00 [2].