ICC News: In Q1, overall needle coke market performance appeared fine, and production at all domestic facilities with main business in petroleum coke was at low levels.
Specifically, petroleum-based needle coke producer Jinzhou Petrochemical continued to operate steady in Q1, with a total 8,500 tons of production during the Jan-March period, and the prevailing prices stand at 7,500-8,000 yuan/mt.
On the coal needle coke side, Hongte Chemical produced 9kt total in Q1, and prevailing quoting prices are 8,500-8,800 yuan/mt; Anshan Research Institute of Thermo-Energy produced total 8,2kt in Q1 and now prevailing quoting prices are 7,500-8,000yuan/mt.
On the imports market, in Q1, coal needle coke prevailing quoting prices are 1,300-1,400USD/t; petroleum needle coke prices are 1,550-1,700USD/t. In breakdown, Customs statistics show China's petroleum-based needle coke imports are 3.020kt total, down 54.7% year-on-year.
Major import source is British and Japan.
China's coal-based needle coke (pitch coke) imports totaled 2,387 tons, down 44.85% year-on-year.
Major import source is Japan and the US.
CONTACT US
ICC APP
