China's carbon anode export prices hover at low levels
2015-07-29 08:58:59 [Print]
BEIJING (Asian Metal) 29 Jul 15 - In the first half of 2015, China’s carbon anode export volumes dipped by 2.1% YOY to around 0.6 million tonnes. Export prices to Russia kept at around USD450-480/t FOB China during the period, and some exporters refuse to sign new orders in H2 due to low prices. Prices to Europe countries are higher at around USD520-530/t FOB China, but may go down in Q4 due to dropping petroleum coke prices.
A Chinese carbon anode exporter reported that they exported around 2,000t of the material to Russia in June at around USD450-460/t FOB China, much lower than prices of USD490-500/t FOB China in 2014. “We tried to offer USD490/t this month but failed to conclude deals,” said the source, adding that they have no export in July.
According to the source, they exported around 2,000t of carbon anode on average each month in the first half of 2015, down by 30-40% YOY. Because of the low price, they are inactive in raising export volumes, stated the source.
Based on the capacity of 220,000tpy, the plant is running at the monthly output of 12,000t and holds around 3,000-4,000t in stock. Because of low export prices and slow payment in Chinese domestic market, they have no plan to realize full operation.
Another Chinese carbon anode producer stated that their concluded prices in Q3 are around USD520-530/t FOB China and may reduce prices by USD3-5/t for deals in Q4 because of raw materials prices decline. “We export carbon anode to Europe countries and will negotiate new contracts in August,” said the source, adding that calcined coke prices dropped by RMB50/t (USD8/t) to around RMB1,700-1,800/t (USD274-290/t) d.d.p over the past month.
As the source revealed, they exported around 2,000t of carbon anode in July and the volume will rise to 5,000t in accordance with contracts signed before. They have prepared around 10,000t of stocks for more export volumes in August. “We have no export to Russia and Malaysia as the price is lower than USD500/t despite strong demand from those countries,” said the source.
The plant is running at the monthly output of 8,000-9,000t, based on the annual capacity of 110,000t.
A Chinese carbon anode exporter reported that they exported around 2,000t of the material to Russia in June at around USD450-460/t FOB China, much lower than prices of USD490-500/t FOB China in 2014. “We tried to offer USD490/t this month but failed to conclude deals,” said the source, adding that they have no export in July.
According to the source, they exported around 2,000t of carbon anode on average each month in the first half of 2015, down by 30-40% YOY. Because of the low price, they are inactive in raising export volumes, stated the source.
Based on the capacity of 220,000tpy, the plant is running at the monthly output of 12,000t and holds around 3,000-4,000t in stock. Because of low export prices and slow payment in Chinese domestic market, they have no plan to realize full operation.
Another Chinese carbon anode producer stated that their concluded prices in Q3 are around USD520-530/t FOB China and may reduce prices by USD3-5/t for deals in Q4 because of raw materials prices decline. “We export carbon anode to Europe countries and will negotiate new contracts in August,” said the source, adding that calcined coke prices dropped by RMB50/t (USD8/t) to around RMB1,700-1,800/t (USD274-290/t) d.d.p over the past month.
As the source revealed, they exported around 2,000t of carbon anode in July and the volume will rise to 5,000t in accordance with contracts signed before. They have prepared around 10,000t of stocks for more export volumes in August. “We have no export to Russia and Malaysia as the price is lower than USD500/t despite strong demand from those countries,” said the source.
The plant is running at the monthly output of 8,000-9,000t, based on the annual capacity of 110,000t.
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