Report Overview - The report is a Coke Daily Report issued by the Black Team of the Research Center on July 31, 2025 [1] Price Information - **Coke Prices**: The latest prices of different types of coke are as follows: Shanxi quasi - first wet - quenched coke is 1372.10, Hebei quasi - first wet - quenched coke is 1595.00, Shandong quasi - first dry - quenched coke is 1550.00, Jiangsu quasi - first dry - quenched coke is 1590.00, and Inner Mongolia second - grade coke is 1080.00. There is no daily change in these prices, but significant weekly and monthly increases are observed, with year - on - year decreases ranging from 25.29% to 30.32% [2] - **Futures Prices**: The latest prices of coke futures contracts are: 1794.5 for the 05 contract, 1684 for the 09 contract, and 1743.5 for the 01 contract. The daily changes are 77.00, 72.00, and 79.00 respectively, with varying weekly and monthly trends and year - on - year decreases of around 17 - 20% [2] Production and Utilization - **Blast Furnace and Iron Production**: The blast furnace开工率 is 90.81, with a weekly decrease of 0.08, a monthly decrease of 0.02, and a year - on - year increase of 1.33%. The iron water日均产量 is 242.23, with a weekly decrease of 0.21, a monthly decrease of 0.06, and a year - on - year increase of 1.09% [2] - **Coking Production**: The coking产能利用率 is 72.90, with a weekly increase of 0.18, a monthly decrease of 0.52, and a year - on - year decrease of 1.23%. The coke日均产量 is 53.10, with a weekly decrease of 0.10, a monthly decrease of 0.40, and a year - on - year decrease of 1.14% [2] Inventory Information - **Coke Inventories**: The coking厂库存 is 50.12, with a weekly decrease of 5.43, a monthly decrease of 23.61, and a year - on - year increase of 42.35%. The港口库存 is 198.13, with a weekly decrease of 0.98, a monthly decrease of 1.96, and a year - on - year increase of 0.20%. The钢厂库存 is 639.98, with a weekly increase of 0.99, a monthly increase of 12.23, and a year - on - year increase of 17.86%. The钢厂库存天数 is 11.45, with a weekly decrease of 0.01, a monthly increase of 0.23, and a year - on - year increase of 11.71% [2] Spread and Basis Information - **Basis**: The 05基差 is - 130.95, with a daily decrease of 77.00, a weekly increase of 124.95, a monthly decrease of 85.35, and a significant year - on - year change. The 09基差 is - 20.45, with a daily decrease of 72.00, a weekly increase of 155.45, a monthly decrease of 40.35, and a large year - on - year change. The 01基差 is - 79.95, with a daily decrease of 79.00, a weekly increase of 136.45, a monthly decrease of 64.85, and a notable year - on - year change [2] - **Spread**: The 5 - 9价差 is - 51.00, with a daily increase of 2.00, a weekly decrease of 11.50, a monthly decrease of 20.50, and a year - on - year decrease. The 9 - 1价差 is 110.50, with a daily increase of 5.00, a weekly increase of 30.50, a monthly increase of 45.00, and a slight year - on - year change. The 1 - 5价差 is - 59.50, with a daily decrease of 7.00, a weekly decrease of 19.00, a monthly decrease of 24.50, and a year - on - year increase [2]

陕西黑猫公告，公司控股股东陕西黄河矿业将其原质押给平安银行股份有限公司西安分行的无限售流通 股5600万股进行了解除质押，占其所持股份的6.07%，占公司总股本的2.74%。解除质押时间为2025年7 月28日和7月29日。目前，黄河矿业持有公司股份9.22亿股，占公司总股本的45.14%，剩余被质押股份 数量为3.93亿股，占其所持股份的42.62%，占公司总股本的19.24%。 ...

Core Viewpoint - The Chinese coking industry is set to implement a price increase for various types of coke starting from July 31, aimed at alleviating operational difficulties and ensuring reasonable profit distribution within the industry [1] Group 1: Price Adjustments - The coking industry representatives have agreed to raise the price of solid wet quenching coke by 50 yuan per ton [1] - The price of solid dry quenching coke will be increased by 55 yuan per ton [1] - The price of top-loading coke will see an increase of 75 yuan per ton [1]

7月28日，唐山市场主流钢厂、邢台地区部分钢厂计划对湿熄焦炭价格上调50元/吨、干熄焦上调55元/ 吨。 正信期货研报：综合来看，反内卷或仍有后续政策；双焦基本面维持偏强态势；短期经过暴涨后有回调 风险，但基本面支撑下预计回调后维持震荡走势，关注中美谈判、月底政治局会议给出的指引。短期盘 面波动剧烈，暂观望。 一览表 | | 商品名称 | 规格 | 品牌/产 | 报价 | 报价类 | 交货地 | 交易商 | | --- | --- | --- | --- | --- | --- | --- | --- | | | | | 地 | | 型 | | | | 焦炭 | | 准一级冶 | 国产 | 2500元/ | 市场价 | 河南省 | 糖河南宝鑫环保科技有限 | | | | 金焦 | | 吨 | | | 公司VIP | | 焦炭 | | 二级3- | 仟越星 | 900元/ | 出厂价 | 河南省 | 河南仟越星化工科技有限 | | | | 6mm | | 吨 | | | 公司VIP | | 焦炭 | | 一级3- | 仟越星 | 980元/ | 出厂价 | 河南省 | 河南仟越星化工科技有限 | | | | 6 ...

焦炭日报 研究中心黑色团队 2025/7/29 1000.00 1500.00 2000.00 2500.00 3000.00 3500.00 1月 2月 3月 4月 5月 6月 7月 8月 9月 10月 11月 12月 1月 临汾出厂价 2021 2022 2023 2024 2025 900.00 1400.00 1900.00 2400.00 2900.00 3400.00 3900.00 4400.00 1月 2月 3月 4月 5月 6月 7月 8月 9月 10月 11月 12月 1月 吕梁出厂价 2021 2022 2023 2024 2025 1000.00 1500.00 2000.00 2500.00 3000.00 3500.00 4000.00 4500.00 1月 2月 3月 4月 5月 6月 7月 8月 9月 10月 11月 12月 1月 日照港准一平仓 2021 2022 2023 2024 2025 1000.00 1500.00 2000.00 2500.00 3000.00 3500.00 1月 2月 3月 4月 5月 6月 7月 8月 9月 10月 11月 12月 1月 长治 ...

焦炭日报 研究中心黑色团队 2025/7/28 | | 最新 | 日变化 | 周变化 | 月变化 同比 | | 最新 | 日变化 | 周变化 | 月变化 同比 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 山西准一湿熄 | 1317.49 | 54.61 | 109.23 | 163.84 | -30.55% 高炉开工率 | 90.81 | | -0.08 | -0.02 | 1.33% | | 河北准一湿熄 | 1485.00 | 0.00 | 55.00 | 110.00 | -32.19% 铁水日均产量 | 242.23 | | -0.21 | -0.06 | 1.09% | | 山东准一干熄 | 1440.00 | 0.00 | 55.00 | 110.00 | -35.43% 盘面05 | 1822 | 20.00 | 151.00 | 368.50 | -17.59% | | 江苏准一干熄 | 1480.00 | 0.00 | 55.00 | 110.00 | -34.80% 盘面09 | 174 ...

1000.00 1500.00 2000.00 2500.00 3000.00 3500.00 1月 2月 3月 4月 5月 6月 7月 8月 9月 10月 11月 12月 1月 长治出厂价 2021 2022 2023 2024 2025 4000.00 4500.00 青岛港准一平仓 焦炭日报 研究中心黑色团队 2025/7/25 | | 最新 | 日变化 | 周变化 | 月变化 | 同比 | 最新 | 日变化 | 周变化 | 月变化 同比 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 山西准一湿熄 | 1262.88 | 0.00 | 109.23 | 109.23 | -35.24% 高炉开工率 | 90.89 | | 0.99 | 0.10 | 2.47% | | 河北准一湿熄 | 1485.00 | 0.00 | 110.00 | 110.00 | -32.19% 铁水日均产量 | 242.23 | | -0.21 | -0.06 | 1.09% | | 山东准一干熄 | 1440.00 | 0. ...

Report Overview - Report Date: July 23, 2025 [1] - Report Type: Coke Daily Report 1. Report Industry Investment Rating - No investment rating information provided in the given content. 2. Core Viewpoints - No explicit core viewpoints are presented directly. However, based on the data in the table, it can be inferred that the coke market shows specific trends in prices, production, inventory, and other aspects. For example, coke prices in different regions have changed to varying degrees, and inventory levels and production capacity utilization rates also show different trends [2]. 3. Summary by Relevant Catalog 3.1 Coke Price - **Regional Spot Prices**: The latest prices of Shanxi quasi - first wet - quenched coke, Hebei quasi - first wet - quenched coke, Shandong quasi - first dry - quenched coke, Jiangsu quasi - first dry - quenched coke, and Inner Mongolia second - grade coke are 1208.26, 1430.00, 1385.00, 1425.00, and 930.00 respectively. Compared with the previous week, the prices have increased by 54.61, 55.00, 55.00, 55.00, and 50.00 respectively [2]. - **Futures Prices**: The latest prices of coke futures contracts 05, 09, and 01 are 1746, 1644.5, and 1699 respectively. Compared with the previous day, they have increased by 75.00, 72.50, and 76.00 respectively [2]. 3.2 Production and Capacity Utilization - **Blast Furnace and Iron - making**: The blast furnace operating rate is 90.89%, with a weekly increase of 0.99 and a year - on - year increase of 2.47%. The daily average iron - water output is 242.44, with a weekly increase of 2.63 and a year - on - year increase of 1.16% [2]. - **Coking**: The coking capacity utilization rate is 72.72%, with a weekly decrease of 0.48 and a year - on - year decrease of 1.97%. The daily average coke output is 53.20, with a weekly decrease of 0.39 and a year - on - year decrease of 0.26% [2]. 3.3 Inventory - **Coking Plant Inventory**: The coking plant inventory is 55.55, with a weekly decrease of 4.03 and a year - on - year increase of 57.77% [2]. - **Port Inventory**: The port inventory is 199.11, with a weekly decrease of 0.97 and a year - on - year decrease of 1.60% [2]. - **Steel Mill Inventory**: The steel mill inventory is 638.99, with a weekly increase of 1.19 and a year - on - year increase of 15.72%. The steel mill inventory days are 11.46, with a weekly decrease of 0.18 and a year - on - year increase of 9.04% [2]. 3.4 Basis and Spread - **Basis**: The 05 basis is - 258.62, with a daily decrease of 64.25; the 09 basis is - 157.12, with a daily decrease of 61.75; the 01 basis is - 211.62, with a daily decrease of 65.25 [2]. - **Spread**: The 5 - 9 spread is - 47.00, with a daily increase of 1.00; the 9 - 1 spread is 101.50, with a daily increase of 2.50; the 1 - 5 spread is - 54.50, with a daily decrease of 3.50 [2].

Group 1: Report General Information - Report Name: Coke Daily Report [1] - Date: July 22, 2025 [1] Group 2: Price and Production Indicators - **Coke Prices**: - Shanxi Standard First - Wet Quenching: 1208.26, weekly increase of 54.61, year - on - year decrease of 38.04% [2] - Hebei Standard First - Wet Quenching: 1430.00, weekly increase of 55.00, year - on - year decrease of 34.70% [2] - Shandong Standard First - Dry Quenching: 1385.00, weekly increase of 55.00, year - on - year decrease of 37.89% [2] - Jiangsu Standard First - Dry Quenching: 1425.00, weekly increase of 55.00, year - on - year decrease of 37.22% [2] - Inner Mongolia Second - Grade: 930.00, weekly increase of 50.00, year - on - year decrease of 41.88% [2] - **Production - related Indicators**: - Blast Furnace开工率: 90.89, weekly increase of 0.99, year - on - year increase of 2.47% [2] - Daily Average Hot Metal Output: 242.44, weekly increase of 2.63, year - on - year increase of 1.16% [2] - Coke Oven Capacity Utilization: 72.72, weekly decrease of 0.48, year - on - year decrease of 1.97% [2] - Daily Coke Output: 53.20, weekly decrease of 0.39, year - on - year decrease of 0.26% [2] Group 3: Inventory Indicators - **Inventory Quantities**: - Coking Plant Inventory: 55.55, weekly decrease of 4.03, year - on - year increase of 57.77% [2] - Port Inventory: 199.11, weekly decrease of 0.97, year - on - year decrease of 1.60% [2] - Steel Mill Inventory: 638.99, weekly increase of 1.19, year - on - year increase of 15.72% [2] - **Inventory Days**: - Steel Mill Inventory Days: 11.46, weekly decrease of 0.18, year - on - year increase of 9.04% [2] Group 4: Futures Market Indicators - **Futures Prices**: - Futures Contract 05: 1671, daily increase of 70.00, weekly increase of 71.00, year - on - year decrease of 27.83% [2] - Futures Contract 09: 1572, daily increase of 46.00, weekly increase of 55.50, year - on - year decrease of 28.77% [2] - Futures Contract 01: 1623, daily increase of 53.00, weekly increase of 62.00, year - on - year decrease of 29.23% [2] - **Basis and Spread**: - 05 Basis: - 194.37, daily decrease of 70.00, weekly decrease of 12.28 [2] - 09 Basis: - 95.37, daily decrease of 46.00, weekly increase of 3.22 [2] - 01 Basis: - 146.37, daily decrease of 53.00, weekly decrease of 3.28 [2] - 5 - 9 Spread: - 48.00, daily decrease of 17.00, weekly decrease of 9.00 [2] - 9 - 1 Spread: 99.00, daily increase of 24.00, weekly increase of 15.50 [2] - 1 - 5 Spread: - 51.00, daily decrease of 7.00, weekly decrease of 6.50 [2]

Report Summary 1. Report Industry Investment Rating No information about the industry investment rating is provided in the report. 2. Core Viewpoints No explicit core viewpoints are presented in the given content. The report mainly provides a series of data on the coke industry. 3. Summary by Relevant Data Price Data - **Coke Prices**: The latest price of Shanxi quasi - first wet - quenched coke is 1208.26, with a daily and weekly change of 54.61, and a year - on - year decrease of 38.04%. Hebei quasi - first wet - quenched coke is 1375.00, unchanged daily and weekly, with a monthly decrease of 55.00 and a year - on - year decrease of 37.21%. Shandong quasi - first dry - quenched coke is 1330.00, unchanged daily and weekly, with a monthly decrease of 55.00 and a year - on - year decrease of 40.36%. Jiangsu quasi - first dry - quenched coke is 1370.00, unchanged daily and weekly, with a monthly decrease of 55.00 and a year - on - year decrease of 39.65%. Inner Mongolia second - grade coke is 930.00, with a daily and weekly increase of 50.00, and a year - on - year decrease of 41.88% [2]. Production and Utilization Data - **Blast Furnace and Iron Production**: The blast furnace operating rate is 89.90, with a weekly decrease of 0.39, a monthly decrease of 0.68, and a year - on - year increase of 0.92%. The daily average iron water output is 242.44, with a weekly increase of 2.63, a monthly increase of 0.26, and a year - on - year increase of 1.16% [2]. - **Coke Production and Utilization**: The coking capacity utilization rate is 72.72, with a weekly decrease of 0.48, a monthly decrease of 1.24, and a year - on - year decrease of 1.97%. The daily average coke output is 53.20, with a weekly decrease of 0.39, a monthly decrease of 0.57, and a year - on - year decrease of 0.26% [2]. Inventory Data - **Coke Inventories**: Coking plant inventory is 55.55, with a weekly decrease of 4.03, a monthly decrease of 25.38, and a year - on - year increase of 57.77%. Port inventory is 199.11, with a weekly decrease of 0.97, a monthly decrease of 4.00, and a year - on - year decrease of 1.60%. Steel mill inventory is 638.99, with a weekly increase of 1.19, a monthly increase of 4.79, and a year - on - year increase of 15.72%. The steel mill inventory days are 11.46, with a weekly decrease of 0.18, a monthly increase of 0.04, and a year - on - year increase of 9.04% [2]. Futures Data - **Futures Prices and Basis**: The futures price of contract 05 is 1584.5, with a daily increase of 6.50, a weekly increase of 11.50, a monthly increase of 172.00, and a year - on - year decrease of 32.92%. The 05 basis is - 107.87, with a daily increase of 52.22, a weekly increase of 47.22, a monthly decrease of 172.00, and a year - on - year decrease of 28.63%. Similar data are provided for contracts 09 and 01 [2]. - **Futures Spreads**: The 5 - 9 spread is - 42.00, with a daily decrease of 9.00, a weekly decrease of 7.00, a monthly decrease of 29.00, and a year - on - year decrease of 47.00%. The 9 - 1 spread is 85.00, with a daily increase of 11.00, a weekly increase of 20.50, a monthly increase of 48.00, and a year - on - year increase of 2.00%. The 1 - 5 spread is - 43.00, with a daily decrease of 2.00, a weekly decrease of 13.50, a monthly decrease of 19.00, and a year - on - year increase of 45.00% [2].