Prebaked anode prices in China stabilize
2024-04-18 08:20:29 [Print]
BEIJING (Asian Metal) 18 Apr 24 - As both pet coke and coal tar pitch prices in China turned stable from late last week, prebaked anode producers now maintain firm prebaked anode prices and predict flat prices in the coming week. Current mainstream prices for prebaked anode S 3%max in China keep at RMB3,840-3,940/t (USD530-544/t) EXW, unchanged from early this month.
A Shandong-based prebaked anode producer reports that they now insist on the same best price of around RMB4,050/t (USD559/t) delivered to Inner Mongolia with the freight close to RMB200/t (USD28/t) and sold around 2,500t of prebaked anode S 3%max early this month at around RMB4,050/t (USD559/t) delivered. "Even though we suffer a loss of around RMB100/t (USD14/t) now, end users could not accept raised prices," says the source, who predicts that mainstream prices would remain stable in the coming week, as the best quotation for pet coke S 3%max they received now keeps stable from late last week at around RMB1,500/t (USD207/t) EXW.
With two production lines and the production capacity of 120,000tpy, they would produce around 8,000t this month, up from around 6,000t last month and hold around 3,000t in stock now. They produced around 20,000t in the Q1 this year and around 90,000t totally last year.
A prebaked anode S 3%max producer in Liaoning confirms that they now maintain the best quotation close to RMB4,100/t (USD566/t) delivered to Inner Mongolia including the freight of around RMB140/t (USD19/t) and lately sold around 20,000t early this month at around RMB4,100/t (USD566/t) delivered. "The best price for coal tar pitch we received now stabilizes at around RMB6,000/t (USD829/t) delivered from one week ago and our end users could not accept higher prices either," says the source, who forecasts stable prebaked anode prices in the coming week.
Based on the annual production capacity of 530,000t and two production lines, they produced around 31,000t in March and the volume might remain stable this month with no stock now. They produced around 90,000t during the Q1 this year and around 300,000t in total last year.
A Shandong-based prebaked anode producer reports that they now insist on the same best price of around RMB4,050/t (USD559/t) delivered to Inner Mongolia with the freight close to RMB200/t (USD28/t) and sold around 2,500t of prebaked anode S 3%max early this month at around RMB4,050/t (USD559/t) delivered. "Even though we suffer a loss of around RMB100/t (USD14/t) now, end users could not accept raised prices," says the source, who predicts that mainstream prices would remain stable in the coming week, as the best quotation for pet coke S 3%max they received now keeps stable from late last week at around RMB1,500/t (USD207/t) EXW.
With two production lines and the production capacity of 120,000tpy, they would produce around 8,000t this month, up from around 6,000t last month and hold around 3,000t in stock now. They produced around 20,000t in the Q1 this year and around 90,000t totally last year.
A prebaked anode S 3%max producer in Liaoning confirms that they now maintain the best quotation close to RMB4,100/t (USD566/t) delivered to Inner Mongolia including the freight of around RMB140/t (USD19/t) and lately sold around 20,000t early this month at around RMB4,100/t (USD566/t) delivered. "The best price for coal tar pitch we received now stabilizes at around RMB6,000/t (USD829/t) delivered from one week ago and our end users could not accept higher prices either," says the source, who forecasts stable prebaked anode prices in the coming week.
Based on the annual production capacity of 530,000t and two production lines, they produced around 31,000t in March and the volume might remain stable this month with no stock now. They produced around 90,000t during the Q1 this year and around 300,000t in total last year.
