ICC: In February, the needle coke market as a whole maintained a steady upward trend, due to the factors of rising international oil prices, the domestic needle coke market rose by 1000 yuan. Specifically, domestic coal series needle coke 10,500-11500 yuan/ton, oil series needle coke 11,700-13,000 yuan/ton, joint coke price 15000 yuan/ton, anode coke price 7500-8500 yuan/ton; Imports, coal series needle coke Japan $1700-1900 / ton; South Korea 1450-1550 USD/ton, oil needle coke UK 1800-2000 USD/ton; Japan 2500-2800 USD/ton, anode coke price at 1100-1400 USD/ton. In the downstream market, the graphite electrode market rose 2-3 thousand yuan/ton after the holiday in February, and the current mainstream transaction price of UHP600mm specifications is 26,000-27,000 yuan/ton, and the market quotation continues to rise tentatively at the end of the month. The price of anode materials has increased by about 20% before the holiday, with the current low-end price reaching 38,000-45,000 yuan/ton and the mid-end product 55,000 yuan/ton. Prices are stable after the Spring Festival. However, the anode material is still in a state of insufficient supply in 2022, the price transmission channel to the downstream has been opened, the later needle coke price in the demand and cost boost, there is still room for rise, is expected to 2022 domestic anode material on the needle coke purchase price will break ten thousand, in the short term coal series needle coke price initiative significantly improved. Xinfern Information learned from the iron and steel industry that with the increase of electric furnace steel operation rate in March and the expectation of graphite electrode price rise due to the rising raw material price in the later period of domestic steel mills, the reserve stock will be considered during the centralized procurement period in March, and the recent increase in graphite electrode price will be gradually implemented. Combined with the feedback from the downstream market, Sinfern Information expects that the domestic needle coke price will increase significantly from March to June, with an estimated increase of 0.2-0.4 million yuan/ton, and the export price of Chinese needle coke is expected to reach 2000-2300 DOLLARS/ton.
This month's Market review:
- The latest news from Anshan Zhongte New Material co., LTD. (formerly Anshan Kaicharcoal), in order to transfer the pressure brought by high raw material costs, decided to adjust the price of needle coke of the company, the details are as follows: raw coke ex-factory price is 9000 yuan/ton; After forging coke price is 11500 yuan/ton. The execution date is February 25. The factory is scheduled to resume production in early March.
- According to the latest news from Jinzhou Petrochemical co., LTD., the production of negative coke reached 66,000 tons in 2021. In 2022, the factory has maintained stable production of needle coke, with monthly output of about 12,000 tons. It is understood that the third phase of production expansion project is progressing smoothly and is expected to be completed by the end of the year.
- According to Baichuan Stock, the needle coke production line is currently suspended and is expected to resume production in early March. The current factory price of raw coke is 9000 yuan/ton, and the price of forged coke is 11,000 yuan/ton when it is larger than 10mm. The second phase project of 40,000 tons of anode materials (including graphitization) is expected to be completed and formally put into operation in July.
- In the latest news from Mitsubishi Chemical, the price of needle coke in China was raised by 13% to $1,700 / ton from the beginning of the first quarter.
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