1. Report Information - Report Title: Coking Coal Daily Report [1] - Research Team: Black Team of the Research Center [1] - Report Date: January 9, 2026 [1] 2. Price and Inventory Data 2.1 Coal Prices - **柳林主焦**: The latest price is 1403.00, with no daily change, a weekly decrease of 47.00, a monthly decrease of 102.00, and an annual increase of 0.21% [2]. - **原煤口岸库提价**: The latest price is 1034.00, a daily increase of 34.00, a weekly increase of 64.00, a monthly increase of 82.00, and an annual increase of 11.78% [2]. - **沙河驿蒙5**: The latest price is 1340.00, with no daily or weekly change, a monthly decrease of 60.00, and an annual decrease of 4.29% [2]. - **安泽主焦**: The latest price is 1500.00, with no daily change, a weekly decrease of 100.00, no monthly change, and an annual increase of 5.63% [2]. - **Peak Downs**: The latest price is 229.50, a daily and weekly increase of 1.00, a monthly increase of 7.50, and an annual increase of 24.50 [2]. - **Goonyella**: The latest price is 230.50, a daily and weekly increase of 1.00, a monthly increase of 9.50, and an annual increase of 22.50 [2]. 2.2 Futures Prices - **盘面05**: The latest price is 1204.00, a daily increase of 68.00, a weekly increase of 88.50, a monthly increase of 120.00, and an annual increase of 5.29% [2]. - **盘面09**: The latest price is 1275.50, a daily increase of 56.00, a weekly increase of 84.50, a monthly increase of 119.50, and an annual increase of 4.94% [2]. - **盘面01**: The latest price is 1164.00, a daily increase of 44.00, a weekly increase of 118.00, a monthly increase of 173.50, and an annual increase of 11.87% [2]. 2.3 Inventory Data - **总库存**: The latest inventory is 4052.57, a weekly decrease of 5.75, a monthly increase of 147.13, and an annual decrease of 14.85% [2]. - **煤矿库存**: The latest inventory is 295.01, a weekly increase of 1.67, a monthly increase of 39.70, and an annual decrease of 23.00% [2]. - **港口库存**: The latest inventory is 301.30, a weekly increase of 1.80, a monthly increase of 4.80, and an annual decrease of 39.59% [2]. - **钢厂焦煤库存**: The latest inventory is 802.27, a weekly decrease of 4.45, a monthly increase of 4.00, and an annual increase of 2.29% [2]. - **焦化焦煤库存**: The latest inventory is 1052.50, a weekly increase of 12.78, a monthly increase of 43.30, and an annual decrease of 0.15% [2]. 2.4 Other Data - **焦化产能利用率**: The latest utilization rate is 72.69, a weekly increase of 0.97, a monthly decrease of 0.47, and an annual decrease of 0.63% [2]. - **焦化焦炭库存**: The latest inventory is 85.67, a weekly increase of 0.09, a monthly decrease of 0.28, and an annual decrease of 0.66% [2]. - **05基差**: The latest value is - 108.83, a daily increase of 38.90, a weekly increase of 18.40, a monthly decrease of 85.52, and an annual decrease of 26.02 [2]. - **09基差**: The latest value is - 180.33, a daily increase of 50.90, a weekly increase of 22.40, a monthly decrease of 85.02, and an annual increase of 0.16 [2]. - **01基差**: The latest value is - 68.83, a daily increase of 62.90, a weekly decrease of - 11.10, a monthly decrease of 139.02, and an annual decrease of 4.41 [2]. - **5 - 9价差**: The latest value is - 71.50, a daily increase of 12.00, a weekly increase of 4.00, a monthly increase of 0.50, and an annual decrease of - 0.01 [2]. - **9 - 1价差**: The latest value is 111.50, a daily increase of 12.00, a weekly decrease of 33.50, a monthly decrease of 54.00, and an annual decrease of - 0.36 [2]. - **1 - 5价差**: The latest value is - 40.00, a daily decrease of 24.00, a weekly increase of 29.50, a monthly increase of 53.50, and an annual decrease of - 0.61 [2].

Group 1: Report Information - Report Name: Coking Coal Daily [1] - Research Team: Black Team of Research Center [1] - Report Date: January 7, 2026 [1] Group 2: Price Information - **Domestic Coking Coal**: The latest price of Liulin Main Coking Coal is 1403.00 with no daily change, a weekly decrease of 47.00, a monthly decrease of 102.00, and an annual increase of 0.21%; the latest price of Raw Coal Port Delivery Price is 953.00, a daily decrease of 7.00, a weekly decrease of 2.00, a monthly decrease of 17.00, and an annual increase of 2.47%; the latest price of Shaheyi Mongolian No. 5 is 1340.00 with no daily or weekly change, a monthly decrease of 80.00, and an annual decrease of 4.29%; the latest price of Anze Main Coking Coal is 1500.00 with no daily change, a weekly decrease of 100.00, no monthly change, and an annual increase of 5.63% [2]. - **Foreign Coking Coal**: The latest price of Peak Downs is 228.50 with no daily change, a weekly increase of 0.50, a monthly increase of 6.50, and an annual increase of 22.50; the latest price of Goonyella is 229.50 with no daily change, a weekly increase of 0.50, a monthly increase of 8.50, and an annual increase of 18.50 [2]. - **Futures Market**: The latest price of Futures Contract 05 is 1078.00, a daily decrease of 19.00, a weekly decrease of 30.50, a monthly decrease of 87.00, and an annual decrease of 6.46%; the latest price of Futures Contract 09 is 1154.50, a daily decrease of 19.00, a weekly decrease of 33.50, a monthly decrease of 71.50, and an annual decrease of 5.64%; the latest price of Futures Contract 01 is 1056.00, a daily decrease of 25.00, a weekly increase of 40.00, a monthly decrease of 23.50, and an annual decrease of 1.08% [2]. Group 3: Inventory Information - The total inventory is 4058.33, with a weekly increase of 46.93, a monthly increase of 255.41, and an annual decrease of 14.27% [2]. - The coal mine inventory is 293.34, with a weekly increase of 10.44, a monthly increase of 46.33, and an annual decrease of 20.60% [2]. - The port inventory is 299.50, with a weekly increase of 13.33, a monthly increase of 5.00, and an annual decrease of 38.74% [2]. - The steel mill coking coal inventory is 806.72, with a weekly increase of 1.73, a monthly increase of 5.42, and an annual increase of 4.00% [2]. - The coking plant coking coal inventory is 1039.72, with a weekly increase of 3.43, a monthly increase of 29.42, and an annual decrease of 1.41% [2]. Group 4: Other Information - The coking capacity utilization rate is 71.72, with a weekly increase of 0.06, a monthly decrease of 2.12, and an annual decrease of 2.09% [2]. - The coking plant coke inventory is 85.58, with a weekly increase of 0.06, a monthly decrease of 0.39, and an annual decrease of 0.34% [2]. - The 05 basis is -89.72, a daily increase of 19.00, a weekly increase of 30.50, a monthly increase of 14.59, and an annual increase of 2.09 [2]. - The 09 basis is -166.22, a daily increase of 19.00, a weekly increase of 33.50, a monthly decrease of 0.91, and an annual increase of 0.02 [2]. - The 01 basis is -67.72, a daily increase of 25.00, a weekly decrease of 40.00, a monthly decrease of 48.91, and an annual increase of 8.94 [2]. - The 5 - 9 spread is -76.50 with no daily change, a weekly increase of 3.00, a monthly decrease of 15.50, and an annual increase of 0.08 [2]. - The 9 - 1 spread is 98.50, a daily increase of 6.00, a weekly decrease of 73.50, a monthly decrease of 48.00, and an annual decrease of 0.37 [2]. - The 1 - 5 spread is -22.00, a daily decrease of 6.00, a weekly increase of 70.50, a monthly increase of 63.50, and an annual decrease of 0.74 [2].

Report Information - Report Title: Coking Coal Daily Report - Date: December 30, 2025 - Team: Black Team of the Research Center [1] Price and Inventory Information Coal Prices - The latest price of Liulin Main Coking Coal is 1450.00, with no daily change, a weekly decrease of 50.00, a monthly decrease of 55.00, and an annual increase of 2.11% [2] - The latest price of Raw Coal Port Pick-up Price is 955.00, with a daily decrease of 15.00, a weekly decrease of 15.00, a monthly decrease of 45.00, and an annual increase of 1.60% [2] - The latest price of Shaheyi Mongolian No. 5 is 1340.00, with no daily change, a weekly decrease of 20.00, a monthly decrease of 80.00, and an annual decrease of 8.22% [2] - The latest price of Anze Main Coking Coal is 1600.00, with no daily change, no weekly change, a monthly increase of 20.00, and an annual increase of 10.34% [2] Inventory Levels - The total inventory is 4011.40, with a weekly increase of 77.29, a monthly increase of 290.20, and an annual decrease of 15.69% [2] - The coal mine inventory is 282.90, with a weekly increase of 10.13, a monthly increase of 58.98, and an annual decrease of 17.19% [2] - The port inventory is 286.17, with a weekly decrease of 21.33, a monthly decrease of 5.33, and an annual decrease of 40.26% [2] - The steel mill coking coal inventory is 804.99, with a weekly increase of 10.34, a monthly increase of 7.91, and an annual increase of 6.06% [2] - The coking coking coal inventory is 1036.29, with a weekly decrease of 1.01, a monthly decrease of 1.90, and an annual decrease of 2.44% [2] Coking Indicators - The coking capacity utilization rate is 71.66, with a weekly decrease of 0.39, a monthly decrease of 1.29, and an annual decrease of 1.97% [2] - The coking coke inventory is 85.52, with a weekly decrease of 0.21, a monthly increase of 0.10, and an annual decrease of 0.86% [2] Futures Market - The latest price of Futures Contract 05 is 1108.50, with a daily increase of 6.50, a weekly decrease of 16.50, a monthly decrease of 55.50, and an annual decrease of 2.72% [2] - The latest price of Futures Contract 09 is 1188.00, with a daily increase of 12.00, a weekly decrease of 11.50, a monthly decrease of 47.00, and an annual decrease of 2.06% [2] - The latest price of Futures Contract 01 is 1016.00, with a daily decrease of 1.00, a weekly decrease of 18.50, a monthly decrease of 60.50, and an annual increase of 0.44% [2] - The 05 basis is -120.22, with a daily decrease of 78.91, a weekly decrease of 21.43, a monthly decrease of 39.90, and an annual decrease of 75.90 [2] - The 09 basis is -199.72, with a daily decrease of 84.41, a weekly decrease of 26.43, a monthly decrease of 48.40, and an annual increase of 0.70 [2] - The 01 basis is -27.72, with a daily decrease of 71.41, a weekly decrease of 19.43, a monthly decrease of 34.90, and an annual decrease of 1.33 [2] - The 5 - 9 spread is -79.50, with a daily decrease of 5.50, a weekly decrease of 5.00, a monthly decrease of 8.50, and an annual increase of 0.08 [2] - The 9 - 1 spread is 172.00, with a daily increase of 13.00, a weekly increase of 7.00, a monthly increase of 13.50, and an annual decrease of 0.15 [2] - The 1 - 5 spread is -92.50, with a daily decrease of 7.50, a weekly decrease of 2.00, a monthly decrease of 5.00, and an annual decrease of 0.28 [2]

1. Report Industry Investment Rating - Not provided in the given content 2. Report Core View - Not provided in the given content 3. Summary by Relevant Catalog Price Information - The latest price of Liulin Main Coking Coal is 1500.00, with no daily or weekly changes, a monthly decrease of 5.00 and an annual increase of 2.74% [2] - The latest price of Raw Coal Port Delivery Price is 985.00, with a daily decrease of 11.00, a weekly increase of 15.00, a monthly decrease of 5.00 and an annual increase of 4.23% [2] - The latest price of Shaheyi Meng 5 is 1340.00, with no daily change, a weekly decrease of 20.00, a monthly decrease of 160.00 and an annual decrease of 8.22% [2] - The latest price of Anze Main Coking Coal is 1600.00, with no daily or weekly changes, a monthly increase of 20.00 and an annual increase of 6.67% [2] - The latest price of Peak Downs is 228.00, with no daily or weekly changes, a monthly increase of 14.00 and an annual increase of 22.50 [2] - The latest price of Goonyella is 229.00, with no daily or weekly changes, a monthly increase of 16.00 and an annual increase of 22.50 [2] - The latest price of Futures Contract 05 is 1127.00, with a daily increase of 3.00, a weekly increase of 17.00, a monthly decrease of 43.00 and an annual decrease of 2.30% [2] - The latest price of Futures Contract 09 is 1204.50, with a daily increase of 1.00, a weekly increase of 19.00, a monthly decrease of 31.00 and an annual decrease of 1.63% [2] - The latest price of Futures Contract 01 is 1043.00, with a daily increase of 2.50, a weekly increase of 45.50, a monthly decrease of 32.50 and an annual decrease of 0.14% [2] Inventory Information - The total inventory is 4011.40, with a weekly increase of 77.29, a monthly increase of 290.20 and an annual decrease of 15.69% [2] - The coal mine inventory is 282.90, with a weekly increase of 10.13, a monthly increase of 58.98 and an annual decrease of 17.19% [2] - The port inventory is 286.17, with a weekly decrease of 21.33, a monthly decrease of 5.33 and an annual decrease of 40.26% [2] - The steel mill coking coal inventory is 804.99, with a weekly increase of 10.34, a monthly increase of 7.91 and an annual increase of 6.06% [2] - The coking plant coking coal inventory is 1036.29, with a weekly decrease of 1.01, a monthly decrease of 1.90 and an annual decrease of 2.44% [2] - The coking plant coke inventory is 85.52, with a weekly decrease of 0.21, a monthly increase of 0.10 and an annual decrease of 0.86% [2] Other Information - The coking capacity utilization rate is 71.66, with a weekly decrease of 0.39, a monthly decrease of 1.29 and an annual decrease of 1.97% [2] - The basis of Futures Contract 05 is -66.31, with a daily increase of 31.48, a weekly increase of 17.48, a monthly decrease of 123.67 and an annual decrease of 53.96 [2] - The basis of Futures Contract 09 is -143.81, with a daily increase of 33.48, a weekly increase of 15.48, a monthly decrease of 135.67 and an annual increase of 0.73 [2] - The basis of Futures Contract 01 is 17.69, with a daily increase of 31.98, a weekly decrease of 11.02, a monthly decrease of 134.17 and an annual decrease of 0.82 [2] - The spread between Futures Contract 05 and 09 is -77.50, with a daily increase of 2.00, a weekly decrease of 2.00, a monthly decrease of 12.00 and an annual increase of 0.09 [2] - The spread between Futures Contract 09 and 01 is 161.50, with a daily decrease of 1.50, a weekly decrease of 26.50, a monthly increase of 1.50 and an annual decrease of 0.10 [2] - The spread between Futures Contract 01 and 05 is -84.00, with a daily decrease of 0.50, a weekly increase of 28.50, a monthly increase of 10.50 and an annual decrease of 0.23 [2]

1. Report Information - Report Name: Coking Coal Daily [1] - Date: December 24, 2025 [1] - Research Team: Black Team of the Research Center [1] 2. Price Information Spot Prices - **LiuLin Main Coking Coal**: The latest price is 1,500.00, with no daily change, a weekly decrease of 5.00, a monthly decrease of 145.00, and an annual increase of 3.45% [2] - **Raw Coal Port Delivery Price**: The latest price is 965.00, with a daily decrease of 5.00, a weekly decrease of 5.00, a monthly decrease of 43.00, and an annual increase of 1.58% [2] - **ShaHeYi Meng 5**: The latest price is 1,360.00, with no daily change, no weekly change, a monthly decrease of 150.00, and an annual decrease of 8.11% [2] - **AnZe Main Coking Coal**: The latest price is 1,600.00, with no daily change, a weekly increase of 100.00, a monthly increase of 20.00, and an annual increase of 3.90% [2] International Spot Prices - **Peak Downs**: The latest price is 228.00, with no daily change, a weekly increase of 2.00, a monthly increase of 14.00, and an annual increase of 27.00 [2] - **Goonyella**: The latest price is 229.00, with no daily change, a weekly increase of 2.00, a monthly increase of 16.00, and an annual increase of 28.00 [2] Futures Prices - **Futures 05**: The latest price is 1,125.00, with a daily increase of 20.50, a weekly increase of 63.00, a monthly decrease of 63.50, and an annual decrease of 2.93% [2] - **Futures 09**: The latest price is 1,199.50, with a daily increase of 14.50, a weekly increase of 64.00, a monthly decrease of 54.00, and an annual decrease of 2.04% [2] - **Futures 01**: The latest price is 1,034.50, with a daily increase of 30.50, a weekly increase of 64.00, a monthly decrease of 62.50, and an annual decrease of 4.39% [2] 3. Inventory Information - **Total Inventory**: The latest inventory is 3,934.10, with a weekly increase of 28.66, a monthly increase of 297.27, and an annual decrease of 16.27% [2] - **Coal Mine Inventory**: The latest inventory is 272.77, with a weekly increase of 17.46, a monthly increase of 86.85, and an annual decrease of 19.17% [2] - **Port Inventory**: The latest inventory is 307.50, with a weekly increase of 11.00, a monthly increase of 9.00, and an annual decrease of 31.50% [2] - **Steel Mill Coking Coal Inventory**: The latest inventory is 794.65, with a weekly decrease of 3.62, a monthly increase of 4.48, and an annual increase of 5.11% [2] - **Coking Plant Coking Coal Inventory**: The latest inventory is 1,037.30, with a weekly increase of 28.10, a monthly decrease of 31.67, and an annual decrease of 0.23% [2] - **Coking Plant Coke Inventory**: The latest inventory is 85.73, with a weekly decrease of 0.22, a monthly increase of 0.50, and an annual decrease of 0.89% [2] 4. Production and Utilization Information - **Coking Capacity Utilization Rate**: The latest utilization rate is 72.05, with a weekly decrease of 1.11, a monthly increase of 0.34, and an annual decrease of 1.33% [2] 5. Basis and Spread Information Basis - **05 Basis**: The latest basis is -98.79, with a daily decrease of 20.50, a weekly decrease of 40.01, a monthly decrease of 137.65, and an annual decrease of 80.94 [2] - **09 Basis**: The latest basis is -173.29, with a daily decrease of 14.50, a weekly decrease of 41.01, a monthly decrease of 147.15, and an annual increase of 1.08 [2] - **01 Basis**: The latest basis is -8.29, with a daily decrease of 30.50, a weekly decrease of 41.01, a monthly decrease of 138.65, and an annual decrease of 1.14 [2] Spread - **5 - 9 Spread**: The latest spread is -74.50, with a daily increase of 6.00, a weekly decrease of 1.00, a monthly decrease of 9.50, and an annual increase of 0.14 [2] - **9 - 1 Spread**: The latest spread is 165.00, with a daily decrease of 16.00, no weekly change, a monthly increase of 8.50, and an annual increase of 0.16 [2] - **1 - 5 Spread**: The latest spread is -90.50, with a daily increase of 10.00, a weekly increase of 1.00, a monthly increase of 1.00, and an annual increase of 0.18 [2]

Report Information - Report Title: Coking Coal Daily Report - Date: December 23, 2025 - Research Team: Black Team of the Research Center [1] Price Information Spot Prices - Liu Lin Main Coking Coal: Latest price is 1,500.00, with no daily change, a weekly decrease of 5.00, a monthly decrease of 145.00, and an annual increase of 3.45% [2] - Raw Coal Port Delivery Price: Latest price is 970.00, a daily decrease of 13.00, a weekly increase of 30.00, a monthly decrease of 40.00, and an annual increase of 1.57% [2] - Shaheyi Meng 5: Latest price is 1,360.00, with no daily change, a weekly decrease of 20.00, a monthly decrease of 150.00, and an annual decrease of 8.11% [2] - Anze Main Coking Coal: Latest price is 1,600.00, with no daily change, a weekly increase of 100.00, a monthly decrease of 60.00, and an annual increase of 3.90% [2] Futures Prices - Futures Contract 05: Latest price is 1,104.50, a daily decrease of 5.50, a weekly increase of 46.00, a monthly decrease of 79.00, and an annual decrease of 4.58% [2] - Futures Contract 09: Latest price is 1,185.00, a daily decrease of 0.50, a weekly increase of 48.50, a monthly decrease of 60.00, and an annual decrease of 3.23% [2] - Futures Contract 01: Latest price is 1,004.00, a daily increase of 6.50, a weekly increase of 40.00, a monthly decrease of 93.00, and an annual decrease of 7.34% [2] Inventory Information - Total Inventory: Latest is 3,934.10, a weekly increase of 28.66, a monthly increase of 297.27, and an annual decrease of 16.27% [2] - Coal Mine Inventory: Latest is 272.77, a weekly increase of 17.46, a monthly increase of 86.85, and an annual decrease of 19.17% [2] - Port Inventory: Latest is 307.50, a weekly increase of 11.00, a monthly increase of 9.00, and an annual decrease of 31.50% [2] - Steel Mill Coking Coal Inventory: Latest is 794.65, a weekly decrease of 3.62, a monthly increase of 4.48, and an annual increase of 5.11% [2] - Coking Coking Coal Inventory: Latest is 1,037.30, a weekly increase of 28.10, a monthly decrease of 31.67, and an annual decrease of 0.23% [2] Other Information Coking Capacity Utilization - Coking Capacity Utilization: Latest is 72.05, a weekly decrease of 1.11, a monthly increase of 0.34, and an annual decrease of 1.33% [2] Basis and Spread - 05 Basis: Latest is -78.29, a daily increase of 5.50, a weekly decrease of 23.01, a monthly decrease of 122.15, and an annual decrease of 61.94% [2] - 09 Basis: Latest is -158.79, a daily increase of 0.50, a weekly decrease of 25.51, a monthly decrease of 141.15, and an annual increase of 0.91% [2] - 01 Basis: Latest is 22.21, a daily decrease of 6.50, a weekly decrease of 17.01, a monthly decrease of 108.15, and an annual decrease of 0.61% [2] - 5 - 9 Spread: Latest is -80.50, a daily decrease of 5.00, a weekly decrease of 2.50, a monthly decrease of 19.00, and an annual increase of 0.20% [2] - 9 - 1 Spread: Latest is 181.00, a daily decrease of 7.00, a weekly increase of 8.50, a monthly increase of 33.00, and an annual increase of 0.28% [2] - 1 - 5 Spread: Latest is -100.50, a daily increase of 12.00, a weekly decrease of 6.00, a monthly decrease of 14.00, and an annual increase of 0.36% [2]

Report Information - Report Title: Coking Coal Daily Report - Date: December 22, 2025 - Research Team: Black Team of the Research Center [1] Price and Inventory Data Coal Prices - **柳林主焦**: The latest price is 1500.00, with no daily change, a weekly decrease of 5.00, a monthly decrease of 145.00, and an annual increase of 3.45% [2] - **原煤口岸库提价**: The latest price is 983.00, with a daily increase of 13.00, a weekly increase of 53.00, a monthly decrease of 17.00, and an annual increase of 1.87% [2] - **沙河驿蒙5**: The latest price is 1360.00, with no daily change, a weekly decrease of 40.00, a monthly decrease of 150.00, and an annual decrease of 8.72% [2] - **安泽主焦**: The latest price is 1600.00, with no daily change, a weekly increase of 100.00, a monthly decrease of 60.00, and an annual increase of 3.23% [2] International Coal Prices - **Peak Downs**: The latest price is 228.00, with no daily change, a weekly increase of 4.00, a monthly increase of 18.00, and an annual increase of 25.00 [2] - **Goonyella**: The latest price is 229.00, with no daily change, a weekly increase of 6.00, a monthly increase of 20.00, and an annual increase of 26.00 [2] Futures Prices - **盘面05**: The latest price is 1110.00, with a daily increase of 2.00, a weekly increase of 56.50, a monthly decrease of 83.50, and an annual decrease of 3.77% [2] - **盘面09**: The latest price is 1185.50, with a daily increase of 2.00, a weekly increase of 57.00, a monthly decrease of 75.50, and an annual decrease of 3.07% [2] - **盘面01**: The latest price is 997.50, with a daily decrease of 8.00, a weekly increase of 27.00, a monthly decrease of 115.50, and an annual decrease of 8.49% [2] Inventory Data - **总库存**: The latest inventory is 3934.10, with a weekly increase of 28.66, a monthly increase of 297.27, and an annual decrease of 16.27% [2] - **煤矿库存**: The latest inventory is 272.77, with a weekly increase of 17.46, a monthly increase of 86.85, and an annual decrease of 19.17% [2] - **港口库存**: The latest inventory is 307.50, with a weekly increase of 11.00, a monthly increase of 9.00, and an annual decrease of 31.50% [2] - **钢厂焦煤库存**: The latest inventory is 794.65, with a weekly decrease of 3.62, a monthly increase of 4.48, and an annual increase of 5.11% [2] - **焦化焦煤库存**: The latest inventory is 1037.30, with a weekly increase of 28.10, a monthly decrease of 31.67, and an annual decrease of 0.23% [2] Other Data - **焦化产能利用率**: The latest utilization rate is 72.05, with a weekly decrease of 1.11, a monthly increase of 0.34, and an annual decrease of 1.33% [2] - **焦化焦炭库存**: The latest inventory is 85.73, with a weekly decrease of 0.22, a monthly increase of 0.50, and an annual decrease of 0.89% [2] - **05基差**: The latest value is -83.79, with a daily increase of 20.99, a weekly decrease of 33.51, a monthly decrease of 83.17, and an annual decrease of 71.44% [2] - **09基差**: The latest value is -159.29, with a daily increase of 20.99, a weekly decrease of 34.01, a monthly decrease of 91.17, and an annual increase of 0.95% [2] - **01基差**: The latest value is 28.71, with a daily increase of 30.99, a weekly decrease of 4.01, a monthly decrease of 51.17, and an annual decrease of 0.44% [2] - **5 - 9价差**: The latest value is -75.50, with no daily change, a weekly decrease of 0.50, a monthly decrease of 8.00, and an annual increase of 0.09% [2] - **9 - 1价差**: The latest value is 188.00, with a daily increase of 10.00, a weekly increase of 30.00, a monthly increase of 40.00, and an annual increase of 0.41% [2] - **1 - 5价差**: The latest value is -112.50, with a daily decrease of 10.00, a weekly decrease of 29.50, a monthly decrease of 32.00, and an annual increase of 0.77% [2]

Report Information - Report Title: Coking Coal Daily Report - Date: December 19, 2025 - Research Team: Black Team of the Research Center [1] Price and Inventory Data Coal Prices - **柳林主焦**: The latest price is 1,500.00, with a daily change of -5.00, a weekly change of -5.00, a monthly change of -145.00, and an annual change of 3.45% [2] - **原煤口岸库提价**: The latest price is 970.00, with a daily change of 51.00, a weekly change of 48.00, a monthly change of -27.00, and an annual change of 0.00% [2] - **沙河驿蒙5**: The latest price is 1,360.00, with a daily change of 0.00, a weekly change of -40.00, a monthly change of -190.00, and an annual change of -8.72% [2] - **安泽主焦**: The latest price is 1,600.00, with a daily change of 100.00, a weekly change of 100.00, a monthly change of -60.00, and an annual change of 3.23% [2] Inventory Data - **总库存**: The latest inventory is 3,626.39, with a weekly change of 3.27, a monthly change of 249.38, and an annual change of -16.41% [2] - **煤矿库存**: The latest inventory is 272.77, with a weekly change of 17.46, a monthly change of 86.85, and an annual change of -19.17% [2] - **港口库存**: The latest inventory is 307.50, with a weekly change of 11.00, a monthly change of 9.00, and an annual change of -31.50% [2] - **钢厂焦煤库存**: The latest inventory is 794.65, with a weekly change of -3.62, a monthly change of 4.48, and an annual change of 5.11% [2] - **焦化焦煤库存**: The latest inventory is 1,037.30, with a weekly change of 28.10, a monthly change of -31.67, and an annual change of -0.23% [2] Futures Data - **盘面05**: The latest price is 1,108.00, with a daily change of 46.00, a weekly change of 79.50, a monthly change of -75.50, and an annual change of -6.97% [2] - **盘面09**: The latest price is 1,183.50, with a daily change of 48.00, a weekly change of 83.50, a monthly change of -61.00, and an annual change of -5.96% [2] - **盘面01**: The latest price is 1,005.50, with a daily change of 35.00, a weekly change of 59.00, a monthly change of -118.00, and an annual change of -11.53% [2] Basis and Spread Data - **05基差**: The latest basis is -104.78, with a daily change of -46.00, a weekly change of -122.03, a monthly change of -221.05, and an annual change of -54.93% [2] - **09基差**: The latest basis is -180.28, with a daily change of -48.00, a weekly change of -126.03, a monthly change of -235.55, and an annual change of 0.54% [2] - **01基差**: The latest basis is -2.28, with a daily change of -35.00, a weekly change of -101.53, a monthly change of -178.55, and an annual change of -1.49% [2] - **5 - 9价差**: The latest spread is -75.50, with a daily change of -2.00, a weekly change of -4.00, a monthly change of -14.50, and an annual change of 0.12% [2] - **9 - 1价差**: The latest spread is 178.00, with a daily change of 13.00, a weekly change of 24.50, a monthly change of 57.00, and an annual change of 0.46% [2] - **1 - 5价差**: The latest spread is -102.50, with a daily change of -11.00, a weekly change of -20.50, a monthly change of -42.50, and an annual change of 0.88% [2] Other Data - **焦化产能利用率**: The latest utilization rate is 72.05, with a weekly change of -1.11, a monthly change of 0.34, and an annual change of -1.33% [2] - **焦化焦炭库存**: The latest inventory is 85.73, with a weekly change of -0.22, a monthly change of 0.50, and an annual change of -0.89% [2]

Report Information - Report Title: Coking Coal Daily Report - Date: December 17, 2025 - Research Team: Black Team of the Research Center [1] Key Data Summary Coal Prices - **Domestic Coking Coal**: The price of Liulin Main Coking Coal is 1505.00, unchanged from the previous day and week, down 140.00 from the previous month, and down 2.90% year - on - year. The price of Anze Main Coking Coal is 1500.00, unchanged from the previous day and week, down 200.00 from the previous month, and down 3.23% year - on - year. The price of Shaheyi Meng 5 is 1360.00, down 20.00 from the previous day, down 60.00 from the previous week, down 190.00 from the previous month, and down 9.93% year - on - year. The price of Raw Coal Port Pick - up Price is 970.00, up 30.00 from the previous day, up 10.00 from the previous week, down 82.00 from the previous month, and down 1.02% year - on - year [2]. - **Imported Coking Coal**: The price of Peak Downs is 226.00, up 1.50 from the previous day, up 4.00 from the previous week, up 14.50 from the previous month, and up 15.00 year - on - year. The price of Goonyella is 227.00, up 2.00 from the previous day, up 6.00 from the previous week, up 16.50 from the previous month, and up 16.00 year - on - year [2]. Futures Prices - The price of Futures Contract 05 is 1058.50, up 5.00 from the previous day, down 24.00 from the previous week, down 184.50 from the previous month, and down 13.66% year - on - year. The price of Futures Contract 09 is 1136.50, up 8.00 from the previous day, down 24.50 from the previous week, down 178.50 from the previous month, and down 12.10% year - on - year. The price of Futures Contract 01 is 964.00, down 6.50 from the previous day, down 19.00 from the previous week, down 208.50 from the previous month, and down 15.25% year - on - year [2]. Inventory Data - **Total Inventory**: The total coking coal inventory is 3623.12, up 83.41 from the previous week, up 263.76 from the previous month, and down 14.09% year - on - year. - **Sub - inventories**: Coal mine inventory is 255.31, up 8.30 from the previous week, up 90.25 from the previous month, and down 24.13% year - on - year. Port inventory is 296.50, up 2.00 from the previous week, down 7.77 from the previous month, and down 34.68% year - on - year. Steel mill coking coal inventory is 798.27, down 3.03 from the previous week, up 10.97 from the previous month, and up 7.60% year - on - year. Coking plant coking coal inventory is 1009.20, down 1.10 from the previous week, down 60.82 from the previous month, and up 0.72% year - on - year [2]. Other Data - **Coking Capacity Utilization**: The coking capacity utilization rate is 73.16, down 0.68 from the previous week, up 1.52 from the previous month, and down 1.16% year - on - year. - **Coking Coke Inventory**: The coking coke inventory is 85.95, down 0.02 from the previous week, up 0.81 from the previous month, and down 0.60% year - on - year. - **Futures Basis and Spreads**: The 05 basis is - 55.28, down 5.00 from the previous day, down 33.47 from the previous week, down 112.05 from the previous month, and up 29.57 year - on - year. The 09 basis is - 133.28, down 8.00 from the previous day, down 32.97 from the previous week, down 118.05 from the previous month, and down 0.12 year - on - year. The 01 basis is 39.22, up 6.50 from the previous day, down 38.47 from the previous week, down 88.05 from the previous month, and up 9.75 year - on - year. The 5 - 9 spread is - 78.00, down 3.00 from the previous day, up 0.50 from the previous week, down 6.00 from the previous month, and up 0.16 year - on - year. The 9 - 1 spread is 172.50, up 14.50 from the previous day, down 5.50 from the previous week, up 30.00 from the previous month, and up 0.11 year - on - year. The 1 - 5 spread is - 94.50, down 11.50 from the previous day, up 5.00 from the previous week, down 24.00 from the previous month, and up 0.07 year - on - year [2]

Report Information - Report Title: Coking Coal Daily Report - Research Team: Black Team of the Research Center - Date: December 8, 2025 [1] Report Industry Investment Rating - Not provided Core Viewpoints - Not provided Summary by Relevant Catalogs Price Information - The latest price of Liulin Main Coking Coal is 1505.00, with no daily change, no weekly change, a monthly decrease of 140.00, and an annual increase of 0.60% [2] - The latest price of Peak Downs is 222.00, with no daily change, a weekly increase of 7.00, a monthly increase of 10.50, and an annual increase of 5.00 [2] - The latest price of Raw Coal Port Delivery Price is 988.00, with a daily increase of 1.00, a weekly increase of 14.00, a monthly decrease of 173.00, and an annual decrease of 1.69% [2] - The latest price of Goonyella is 221.00, with no daily change, a weekly increase of 7.00, a monthly increase of 9.50, and an annual increase of 4.00 [2] - The latest price of Shaheyi Meng 5 is 1420.00, with no daily change, a weekly decrease of 80.00, a monthly decrease of 130.00, and an annual decrease of 7.79% [2] - The latest price of Anze Main Coking Coal is 1500.00, with no daily change, a weekly decrease of 80.00, a monthly decrease of 160.00, and an annual decrease of 3.85% [2] - The latest price of Futures Contract 05 is 1165.00, with a daily decrease of 2.00, a weekly increase of 1.00, a monthly decrease of 160.50, and an annual decrease of 7.21% [2] - The latest price of Futures Contract 09 is 1226.00, with a daily decrease of 10.50, a weekly decrease of 9.00, a monthly decrease of 150.50, and an annual decrease of 7.05% [2] - The latest price of Futures Contract 01 is 1079.50, with a daily increase of 4.50, a weekly increase of 3.00, a monthly decrease of 199.00, and an annual decrease of 9.36% [2] Inventory Information - The total inventory is 3539.71, with a weekly increase of 81.45, a monthly increase of 178.19, and an annual decrease of 13.91% [2] - The coal mine inventory is 247.01, with a weekly increase of 23.09, a monthly increase of 81.42, and an annual decrease of 23.72% [2] - The port inventory is 294.50, with a weekly increase of 3.00, a monthly increase of 4.35, and an annual decrease of 35.82% [2] - The steel mill coking coal inventory is 801.30, with a weekly increase of 4.22, a monthly increase of 4.98, and an annual increase of 7.68% [2] - The coking plant coking coal inventory is 1010.30, with a weekly decrease of 27.89, a monthly decrease of 42.18, and an annual increase of 3.90% [2] Other Information - The coking capacity utilization rate is 73.84, with a weekly increase of 0.89, a monthly increase of 1.53, and an annual decrease of 0.07% [2] - The coking plant coke inventory is 85.97, with a weekly increase of 0.55, a monthly increase of 0.98, and an annual decrease of 0.81% [2] - The 05 basis is -104.31, with a daily decrease of 20.99, a weekly decrease of 23.99, a monthly decrease of 142.95, and an annual increase of 27.28 [2] - The 09 basis is -165.31, with a daily decrease of 12.49, a weekly decrease of 13.99, a monthly decrease of 152.95, and an annual decrease of 0.15 [2] - The 01 basis is -18.81, with a daily decrease of 27.49, a weekly decrease of 25.99, a monthly decrease of 104.45, and an annual decrease of 0.72 [2] - The 5 - 9 spread is -61.00, with a daily increase of 8.50, a weekly increase of 10.00, a monthly decrease of 10.00, and an annual decrease of 0.04 [2] - The 9 - 1 spread is 146.50, with a daily decrease of 15.00, a weekly decrease of 12.00, a monthly increase of 48.50, and an annual increase of 0.14 [2] - The 1 - 5 spread is -85.50, with a daily increase of 6.50, a weekly increase of 2.00, a monthly decrease of 38.50, and an annual increase of 0.33 [2]