Needle coke market monthly report（7.1-7.31）

Chinacarbon news: This week, on domestic needle coke market front, the head of Jinzhou Petrochemical noted that the production of petroleum-based needle coke in this month has got back on track, with specifying the exact number of monthly output; currently the company has zero inventory of needle coke, with price holding at around 9,000 yuan/mt. On the overseas market front, in the second quarter, China’s needle coke import volume posted some increase compared to the previous quarter as downstream graphite electrode enterprises have used up all the stocks from last year and are making production plans based on sales performance and needle coke purchasing plans in line with production outputs. At present, ConocoPhillips’s petroleum-based needle coke prices maintain at $2220 dollar/mt, and prices of needle coke used for binder are at $2490 dollar/mt. It is forecasted that needle coke sales market will go through a slow upward path for in the upcoming time.