B[Domestic commodity futures closed mixed, crude oil rose more than 8%] On September 2, domestic commodity futures closed mixed, with some energy and chemical varieties opening higher and lower. Crude oil rose more than 8%, ethylene glycol rose nearly 6%, methanol and fuel oil rose more than 4%, pure benzene rose more than 3%, LU fuel and styrene rose nearly 3%, liquefied gas, container shipping lines, paraxylene rose more than 2%, PTA, staple fiber, asphalt, and pulp rose more than 1%. In terms of decline, palladium fell by nearly 5%, Shanghai silver and platinum fell by more than 3%, Shanghai tin and Shanghai gold fell by more than 2%, and coking coal, industrial silicon, No. 20 rubber, polysilicon, international copper, cotton, and caustic soda fell by more than 1%. B[The coal sector has been active repeatedly, Zhengzhou Coal and Electricity has three consecutive boards] On September 2nd, the coal sector has repeatedly been active, Zhengzhou Coal and Electricity has three consecutive boards, Yunmei Energy has reached its daily limit, Baotailong, Antai Group, Dayou Energy, and Shaanxi Black Cat have followed suit. On the news, it was reported that on the 1st, coke started its fourth round of price increases of 100-110 yuan/ton, which will be implemented from the 3rd, and some steel mills have already accepted the increase. B[Some steel mills accepted four rounds of coke increases, with Luliang low-sulfur main coking coal rising to as high as 2,800] On September 1, the domestic coking coal market continued to operate on a strong trend. On the supply side, one new coal mine resumed production in Qinyuan County, Changzhi City today, and another coal mine is expected to resume production tomorrow. Although some coal mines in the main producing areas are advancing the resumption of production in an orderly manner, the actual incremental release is limited, and the regional circulation supply is generally tight, forming strong support for coking coal prices. Today, the prices of mainstream large mines in many places have generally increased. Among them, the mainstream large mines in Shanxi have increased by 170-350 yuan/ton, the mainstream large mines in Pingdingshan have increased by 280-350 yuan/ton, the mainstream large mines in Shandong have increased by 120-160 yuan/ton, and the mainstream large mines in Hebei have increased by 100-220 yuan/ton. The online bidding market also experienced strong growth. The average transaction price of Linfen Anze low-sulfur main coking coal was 2,547 yuan/ton, an increase of 142 yuan/ton; the average transaction price of Luliang Zhongyang low-sulfur main coking coal was 2,798 yuan/ton. The average transaction price of Xiaoyi high-sulfur main coking coal rose by 236 yuan/ton to 2,348 yuan/ton, an increase of 206 yuan/ton; the transaction price of Jinzhong Lingshi high-sulfur main coking clean coal increased by 136 yuan/ton to 2,464 yuan/ton. On the demand side, due to the continued rise in coking coal prices, the loss situation of coking companies has not been substantially repaired. Today, coke started its fourth round of price increases of 100-110 yuan/ton, which will be implemented from the 3rd, and some steel mills have already accepted the increase. At present, the raw material inventory of Jiaoshan Iron and Steel Enterprises is at a low level, and the destocking performance is significant, and there is still a certain demand for replenishment. Taken together, the core contradiction of tight supply of coking coal in the short term has not been alleviated, and the market is prone to rise but difficult to fall, and is expected to remain volatile and strong in the future. (My Steel Net) B[The coal sector is active, Zhengzhou Coal and Electricity 2-Connected Board] On September 1, the coal sector was active, Zhengzhou Coal and Electricity 2-Connected Board, Antai Group, Yunmei Energy, Shanxi Coking, Shaanxi Black Cat, and Baotailong followed up. On the news, the latest price of spot commodity clean coal on August 31 was 755.30 yuan/ton, a single-day increase of 4.4%, an increase of 7.79% in the past week, and a cumulative increase of 16.9% in a month. A[The third round of coke increases has been fully implemented, and Anze low-sulfur main coke rose by 150 to 2550] On August 31, the domestic coking coal market price continued to strengthen. On the supply side, mines have generally resumed production without resuming production, and the overall supply of commercial coal has remained tight, forming strong support for coking coal prices. In terms of price, Linfen Anze low-sulfur main coke clean coal is 2,550 yuan/ton, an increase of 150 yuan/ton; Linfen Pu County high-sulfur main coke average transaction price is 2,285 yuan/ton, an increase of 483 yuan/ton from the previous issue on the 14th; Linfen Xiangning low-sulfur lean coal is 2,150 yuan/ton An increase of 260 yuan/ton; the price of lean and clean coal from mainstream large mines in Changzhi market is 1830-1980 yuan/ton, an increase of 100 yuan/ton, the price of lean and lean coal is 1730 yuan/ton, an increase of 150 yuan/ton; the price of Shaanxi gas coal is 1340 yuan/ton, an increase of 60 yuan/ton. On the demand side, the third round of coke increases came into full effect today. Although the profitability of coke companies has been restored, due to the continued rise in coking coal prices, the company's losses have not been substantially reversed, and there are still expectations for further increases in coke. At the same time, the pace of raw material inventory depletion in Jiaoshan Iron and Steel Co., Ltd. is relatively fast, and the demand for raw material replenishment continues to be released. Taken together, the domestic coking coal market continues to maintain a strong operating pattern in the short term. (My Steel Net) A[Domestic commodity futures closed broadly higher: Energy and chemical sectors surged strongly Crude oil rose more than 7%] On August 31, domestic commodity futures closed broadly higher, with the energy and chemical sector leading the gains. Crude oil rose more than 7%, liquefied gas rose nearly 7%, coking coal rose more than 6%, methanol, bottle flakes, PVC, ethanol, etc. Diols rose by the daily limit, up 6%, plastics, pure benzene, styrene, and asphalt rose by more than 5%, fuel oil, PTA, coke, and BR rubber rose by more than 4%, lithium carbonate rose by more than 3%, and glass, palladium, and alumina rose by more than 2%. In terms of decline, Shanghai gold and Shanghai silver fell by more than 3%, while platinum and polysilicon fell by more than 2%. A[Most of the main domestic futures contracts rose, and liquefied petroleum gas (LPG) rose by more than 7%] On August 31, most of the main domestic futures contracts rose, with liquefied petroleum gas (LPG) rising by more than 7%, SC crude oil and coking coal rising by more than 6%, methanol, polyvinyl chloride (PVC), and ethylene glycol (EG) hitting their daily limits, propylene rising by nearly 6%, and polypropylene rising by more than 5%. In terms of decline, Shanghai silver fell by nearly 4%, Shanghai gold fell by more than 3%, platinum and polysilicon fell by more than 2%, and Shanghai nickel, Shanghai tin, and cotton yarn fell by more than 1%.
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