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Jinse Finance Futures Special Comment by CITIC Futures: Currently, the fundamentals of coke and coking coal are healthier compared to 2024, with inventories at upstream coal mines being lower than in 2024. Even without any coal mine accidents, downstream demand for hot metal can basically absorb the supply of coke and coking coal, and market sentiment is not pessimistic. The current situation of low upstream inventories is expected to continue, providing support for coal prices. Therefore, we believe that the significant supply gap of coking coal caused by this major coal mine accident may reverse the previous downward trend in the market, strengthening the short-term upward momentum for coke and coking coal prices. If subsequent safety supervision in coal mines expands further to Shanxi or nationwide, prices of coke and coking coal may continue to rise and reach new highs for the year. However, attention should be paid to whether Mongolian coal imports will increase significantly due to tightened domestic coal mine supply.

The price of anhydrous hydrofluoric acid has been steadily rising since March and stabilized in May. The key drivers are the increase in the price of raw material sulfuric acid and a low industry operating rate. However, due to long-term losses in the industry, profitability is still in a recovery phase. Currently, electronic-grade hydrofluoric acid used for semiconductors is generally divided into G4 and G5 levels, with the latter having higher purity and being suitable for advanced process chips at 14nm and below. A listed company representative stated that, due to strong storage demand, electronic-grade hydrofluoric acid is expected to see increased consumption, and G5 grade remains relatively tight.

BlockBeats News, May 24th, according to Alternative data, today's cryptocurrency Fear and Greed Index dropped to 25 (from 28 yesterday), once again returning to the "extreme fear" zone, with last week's average at 27. Note: The Fear Index threshold is 0-100, including indicators: Volatility (25%) + Market Volume (25%) + Social Media Hype (15%) + Market Surveys (15%) + Bitcoin's Dominance (10%) + Google Trends Analysis (10%).