Monthly review: The overall shipment situation of needle coke in May is better

ICCSINO News: The needle coke market was generally well traded in May, with prices steadily moving. In April, the oil-based needle coke market continued to lead the market with Jingyang Technology, Jinzhou Petrochemical, and Yida New Materials. The new forces Sinopec Jinling and Bora Bio also performed well, with the oil-based industry accounting for 75% of the downstream market as a whole. For coal series needle coke, the main companies in May: Baichuan Chemical, Tangshandongri, Anshan Thermal Energy, and Baowu Carbon. An insider in the coal industry said that the current coal-based needle coke is facing a relatively harsh market environment. For example, the price of raw materials has been rising continuously, causing some companies to be entangled in the ambivalence of starting or stopping; due to the inherent characteristics of the product, the downstream accepts The price is difficult to compete with the oil series; the development potential of the coal series in the negative electrode market still has a lot of room in the future. In terms of imports, the total import volume of needle coke in April was 29,034 tons, an increase of 16% from the previous month, of which coal-based imports were 12,117 tons and oil-based imports were 16,917 tons. As of the end of this month, the domestic coal-based needle coke is at 8500-10000 yuan/ton, the oil-based needle coke is at 95000-11000 yuan/ton, the price of joint coke is 11000 yuan/ton, and the price of green coke is 6000-6500 yuan/ton; In terms of import prices, coal-based needle coke is priced at 1350-1450 U.S. dollars, oil-based needle coke is 1350-1550 U.S. dollars/ton, and the price of raw coke for negative electrode is 850-1100 U.S. dollars/ton. Market outlook analysis shows that as the supply of enterprises gradually resumes, low-end products will face an oversupply and low-price environment; high-end products are less competitive and imported coke resources are less likely to increase in price in the later period, and the market will continue to supply In a tight situation, prices remain firm. On the downstream side, the lithium battery anode material market continued to perform well in May. In the short term, it is expected that the continued improvement of anode materials will not change, and the price will also stabilize. In May, the domestic graphite electrode market price continued to maintain a steady and rising trend. The supply of medium and small graphite electrodes was tight, and the price continued to rise. It is expected that the supply and demand of graphite electrodes will be balanced in the short term, and the price will remain at the current level or fluctuate slightly.