December Carbon Market Brief Report!

December Carbon Market Brief Report!

Carbon industry is an important raw material industry in China. Due to its excellent characteristics, it is a special material that can not be replaced by any metal or non-metallic material in many special fields, focus on graphite eletrode products information. It is a typical circular economy industry. Widely used in metallurgy, chemical industry, machinery manufacturing, aerospace, wind energy, solar energy, nuclear energy and other fields. 

01

Petroleum Coke

In December, petroleum coke market overall shipment was good. Affected by  raw materials shortage, some refineries reduced coking units load production, tightened petroleum coke supply, and boosted coke price continuous rise. The downstream electrolytic aluminum maintained a shock operation. The downstream carbon enterprises were less affected by the environmental protection and production restriction in the heating season. Raw petroleum coke inventory was at a low level. Petroleum coke overall market demand was good, boosting petroleum coke price.

02

Calcined Coke

In December, low sulfur calcined coke market overall performance was general. Most enterprises had medium and high inventory, and the market price was relatively stable. At the beginning of the month, most enterprises are under pressure for shipment, and the raw material price continues to decline. Most downstream carbon enterprises held a wait-and-see attitude, and enterprises were anxious to go to inventory, and medium and high sulfur calcined coke market price continued to decline; In the middle of the month, near the end of the year, the refinery's crude oil resources were tight, local petroleum coke operating rate declined, some coke prices rebounded, and most enterprises' shipments improved slightly. At the end of the month, the raw material prices continued to rise, supported by the cost side, superimposed with the good demand for medium and high sulfur calcined coke, some downstream enterprises began to prepare goods in the Spring Festival, which supported the market, and various types of calcined coke prices generally rose compared with the middle of the month.

03

Coal Pitch 

In the beginning and middle of December, the domestic coal tar pitch market was weak, new orders transaction price in the market continued to be low, the cost support of raw material coal tar was limited, affected by losses, most deep-processing enterprises have reduced their burdens. By the end of December, the price of new orders in the domestic market rose and fell alternatively, and the coal tar market rebounded. The downstream  pre-festival stocking has been carried out, and the coal tar market has been difficult to continue to decline. However, carbon black plants recent performance is still depressed, and deep-processing enterprises allowable cost pressure is relatively general, so the rebound power is relatively limited.

04

Graphite Electrode

In December, graphite electrode market price in China showed a downward trend. Upstream raw material needle coke price is strong, and the price of low sulfur coke and coal tar pitch is slightly lower than that of last month. However, in the middle and late of this month, the price of low sulfur petroleum coke and coal tar pitch shows a rebound trend, and some graphite electrode enterprises production enthusiasm decreases. with the date of the Winter Olympics approaching, the production restriction of some graphite electrode enterprises in Shanxi, Hebei, Henan and other regions is tightened again, graphite electrode market supply continues to decrease. Near the end of the year, some graphite electrode enterprises comprehensively consider the enterprise inventory and capital problems, reducing prices and shipping, leading to the overall reduction in the price of graphite electrode.

05

Prebaked Carbon Anode

In December, China's prebaked anode market mainstream price fell,  upstream raw material petroleum coke price fell first and then rose, coal asphalt price increased slightly in some areas, and enterprises production cost pressure was high. In addition, the prebaked anode mainly executes monthly orders, and the raw materials are mainly supplemented by inventory and spot. The cost pressure still exists and the profit space is under pressure, contact us to know the latest market news.