Pet coke prices unchanged in China
2015-12-22 09:11:14 [Print]
BEIJING (Asian Metal) 22 Dec 15 - Although the Spring Festival is coming, Chinese carbon anode producers did not start adding pet coke stocks. Carbon anode producers in Henan were out of production for ten days in the first half of this month. Chinese pet coke 1.0-1.5% prices seem difficult to move up and continue to stay at the low level of RMB950-1,000/t (USD147-154/t) ex works.
A Shandong-based pet coke producer reported that their concluded prices remained at around RMB960/t (USD148/t) ex works for pet coke 1.5%max, the same with that late last month. “It is difficult for the price to move up, as aluminum and carbon anode markets are still sluggish,” said the source, who predicted the price may keep stable before the Spring Festival.
According to the source, their plant is running fully at the capacity of 18,000tpm and holds around 1,000-2,000t in stock.
Another Shandong-based pet coke producer confirmed the stable price, saying that the concluded price for pet coke 1.5%max is around RMB956/t (USD148/t) ex works. “The price has no change this month,” said the source, who believed that it is difficult for the price to go up as there is no favorable news.
Based on the capacity of 10,000tpm, the plant is running at the output of 8,000t in December and holds no stock.
After Chinese aluminum smelters cut production, carbon anode producers may follow the suit. Therefore, pet coke producers in China predicted that demand for the material may not increase late this year.
A Shandong-based pet coke producer reported that their concluded prices remained at around RMB960/t (USD148/t) ex works for pet coke 1.5%max, the same with that late last month. “It is difficult for the price to move up, as aluminum and carbon anode markets are still sluggish,” said the source, who predicted the price may keep stable before the Spring Festival.
According to the source, their plant is running fully at the capacity of 18,000tpm and holds around 1,000-2,000t in stock.
Another Shandong-based pet coke producer confirmed the stable price, saying that the concluded price for pet coke 1.5%max is around RMB956/t (USD148/t) ex works. “The price has no change this month,” said the source, who believed that it is difficult for the price to go up as there is no favorable news.
Based on the capacity of 10,000tpm, the plant is running at the output of 8,000t in December and holds no stock.
After Chinese aluminum smelters cut production, carbon anode producers may follow the suit. Therefore, pet coke producers in China predicted that demand for the material may not increase late this year.
Prebaked Anode S 3%max EXW China
Unit:RMB/mt
China non-commercial prebaked anode producers' suspension number statistics by province by month
Unit: pcs
