ICC News: Needle coke market continued dullness this month. Specifically, production at Anshan Research Institute of Thermo-Energy was basically in halt for maintenance reason. It has an output of 1,500-2,000 tons when maintaining routine operation and products are mainly supplied to Kaifeng Carbon Plants. Hongte Chemical and Jinzhou Petrochemical now all maintain a production output of 2,500-2,800 tons.
Prevailing quotes for domestically-made petroleum-based needle coke are 7,500 yuan/mt, and coal-based needle coke are 6,000-7,500 yuan/mt.
In overseas market, petroleum-based needle coke import volume surged this month due to buffing issues that occurred in products using SNC(Shin Nihon Chemicals Corporation) coal-based needle coke.
Customs statistics show China's total import volume of petroleum-based needle coke in October is 1,103 tons, up 44% year on year, and China's total import volume of coal-based needle coke is 1,210 tons, down 20.4% year on year.
On the price side, petroleum-based needle coke prices stand at 1,300-1,770 US dollars each ton and coal-based needle coke are 1,100-1,420 US dollars each ton.
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