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🔥Core quick overview: Batuta outsourcing stabilizes prices and long-term agreements provide rigid support ； Stalemate over high coal prices at ports ； Coal chemical industry fluctuates within a narrow range ； Petrochemicals fluctuate with crude oil ； Energy materials differentiation continues ； The regional price difference of industrial gases has solidified ⛏️ Coal | Shenhua Batu Tower + Port + Bohai Rim + Region [Shenhua Batu Tower (vehicle plate tax included, 5.15)] Purchased coal: 5800 kcal 576-580 yuan/ton (same) ； 5500 kcal 543-546 yuan/ton (same) ； 5000 kcal 471-474 yuan/ton (same) China Long-term Association: 5500 kcal 550-555 yuan/ton (flat) ； 5000 kcal 490-495 yuan/ton (flat) ； 4500 kcal 435-440 yuan/ton (flat) [Port/Bohai Rim (closing tax included)] Huanghua Port Q5500: 840-844 yuan/ton (↓1) Qinhuangdao Q5500: 838-842 yuan/ton (↓1) Bohai Rim Index: 835-838 yuan/ton (↓1) [Regional price (pit mouth/car plate)] Thermal coal Q5500: Ordos 578-582 (↓2), Yulin 606-610 (↓2) Coking coal: Gujiao Main Coke 1300-1310 (↓5), Tangshan 1570-1580 (↓5) Coal Tar (Northwest): 3280-3320 (↓20) [Requirements and Devices] Requirements: North China Chemical Coal Daily Consumption - 1% MoM ； East China port inventory is approximately 26.2 million tons, -11% year-on-year ； The temperature in South China is stable and the daily consumption of power plants remains stable. device: The production capacity utilization rate of Shanxi, Shaanxi and Inner Mongolia is 87%, and security inspections are strict ； Coking operating rate is 78% ； Operations in Beigang are stable. General situation: The price of origin is strong, but the high price is under pressure. The price of purchased coal is stable, and the long-term contract supports the bottom. In the short term, it fluctuates at high levels, with mixed rises and falls. 🧪 Coal Chemical Industry | Price + Demand + Equipment [Price Range (Ex-factory/Delivery)] Methanol: Northwest 2670-2690 (↓10), East China 3410-3430 (↓10) Coal-based PE/PP: Northwest PE8200-8240 (↓20), PP8550-8590 (↓20) ethylene glycol: Northwest 5000-5020 (↓10) ； Urea 2260-2280 (↓5) [Requirements and Devices] Requirements: Formaldehyde and MTO just need to be stable ； Packaging pipe orders are weak ； Industrial compound fertilizer replenishment slowed down. device: Northwest methanol operating rate is 89%, maintenance continues ； The coal-to-olefins operating rate is 92%, with strong cost support. General situation: The supply of goods from the northwest dominates, and the premium from East China narrows. It is under pressure at a high level and fluctuates within a narrow range. 🛢️Petrochemical | Price + Demand + Equipment [Price Range] Crude Oil: Brent US$104.5-105.1/barrel (↓0.3%), WTI US$98.4-98.9/barrel (↓0.3%) Propylene/pure benzene: North China Propylene 8680-8720 (↓20), Pure Benzene 8080-8120 (↓20) PVC: 5980-6120 (↓20) ； Propane 7140-7160 (↓10) ； Fuel oil 6030 yuan/ton (↓5) [Demand and Device] Demand: Downstream is in urgent need of replenishment, the real estate chain is weak, and export orders are stable. device: The operating rate of East China's refining and chemical refining is 90% and that of local refining is 76%. ； Wanhua MDI is in full production and inventory is controllable. General situation: Geographical support on the cost side fluctuates, commodities diverge, the crude oil chain is weak, and the real estate chain is under pressure. 🔋 Energy Materials | Price + Demand + Device [Price Range] Battery Grade Lithium Carbonate: Jiangxi 168,000-170,000 (↓01,000), East China 171,000-173,000 (↓01,000) Industrial silicon: Northwest 12700-12760 (↓20), East China 13400-13460 (↓20) Electrolytic aluminum: 18600-18640 (↓20) ； Polysilicon 16,720 yuan/ton (↓5) [Demand and Equipment] Demand: New energy vehicles and energy storage are in urgent need of stability ； Polysilicon demand is flat and real estate completion support is weak. device: Lithium salt lakes are at full production and inventories are low ； Industrial silicon operating rate is 85% ； The operating rate of electrolytic aluminum is 91%. General situation: The balance between supply and demand is weak and prices are under pressure. Lithium prices continue to be weak, and the range of industrial metals has dropped. 💨 Industrial Gas｜Price + Demand + Device [Price Range] Liquid Oxygen: Northwest 385-405 (↓5), East China 510-520 (↓5) Liquid nitrogen: Inner Mongolia 305-315 (↓5), Zhejiang 475-485 (↓5) high purity helium: 155-157 yuan/m³ (↓1) [Requirements and installations] Requirements: Northwest Metallurgical and Chemical Industry ； East China Electronics Semiconductor's gas consumption is stable and its procurement is cautious. device: Northwest air separation reaches full production ； New production capacity in East China is released and supply becomes looser ； The special gas inlet is tight. General situation: Prices are low in the northwest and high in the southeast. Bulk gas is weak, but special gas has strong resistance to falling. 📈Industrial Situation and Market Outlook The current energy and chemical industry shows a pattern of high coal stalemate, coal chemical industry under pressure, weak petrochemicals, weakening materials, and gas differentiation. Supply and demand pattern: The output of raw materials from the northwest, pricing in east China has weakened, the demand for deep processing in south China has stabilized, and the chain has been fine-tuned. Competition context: Coal chemical state-owned enterprises control resources and stabilize prices ； Petrochemical cost drives differentiation ； Material cost and long order ； Gas distribution efficiency. short term prediction: As the summer peak season progresses, coal prices fluctuate and bottom out, the coal chemical industry consolidates at a high level, petrochemicals fluctuate with crude oil, materials adjust weakly, and gas regional price differences solidify. Pay attention to the security inspection of the production area, the geological risks of crude oil and the rhythm of downstream replenishment. Quote to: https://mp.weixin.qq.com/s/hrBHKuvdO6XLnduvL4g9oA (Huayu ingenuity)