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Monthly report: Needle coke market was good in October

Large  Small Date:2019-11-01  From:ICC
Note: In October, needle coke market was weakening. At the beginning of October, the post-holiday needle coke market shipments performed poorly, and the demand side was not good at all.
In October, needle coke market was weakening. At the beginning of October, the post-holiday needle coke market shipments performed poorly, and the demand side was not good at all. The coke plant began to accumulate inventory. Although some new companies have begun to intervene in the supply market, but overall situation not very good. In H1 October, needle coke market was stable overall. Downstream wait-and-see attitude remained the same. With the contradiction between supply and demand, needle coke enterprise allowed the shipment to become the normal state. In H2 October, needle coke market started normal, and the supply-demand relationship did not improve much. The market price continued to maintain a stable mid-down. As of the end of September, Chinese domestic coal-base needle coke price was 11K-14K yuan/ ton. Oil needle coke price was 11K-15.5K yuan/ ton. Raw coke price was 5K-10K yuan/ ton. Import PMC Mainstream transactions were 1.6K-1.8K USD/ Ton. Mitsubishi Chemical reported 3.7K-4K USD/ Ton. JXTG reported 4.95K USD/ Ton. Petrocoke reported 4.85K USD/ Ton. P66 GE reported 3.2K USD/ Ton. HBA-0 reported 2.2K USD / ton. GHBA-0 reported 2K USD/ton. In terms of the import market, needle needle coke import market was generally stable in October. Market was stable. Although there is no obvious price reduction at present, the expectations of the parties are more confused and the pricing is hesitant. The current demand for imported coke in the downstream market is not outstanding.

 
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