Needle coke enterprises operate stably and market is recovering

Needle coke market transaction has improved this month, the demand for anode materials turned better, the leading enterprises have replenished inventory performance, and the demand for graphite electrode enterprises is weak and stable. UHP graphite electrode has the best conductive effect on steelmaking.

The overall capacity utilization rate of needle coke industry is still at a low level, most coal-based needle coke enterprises stopped production and sold inventory, some oil-based needle coke enterprises shut down, and the overall price of needle coke remained stable in October.

Specifically, coal-based needle coke is 10000-11500 yuan/ton, oil-based needle coke is 11000-13500 yuan/ton, and coal-based and oil-based raw coke is 7800-9500 yuan/ton. In terms of import price, based on the current global economic downturn, exchange rate fluctuations, market supply and demand, geopolitics and other factors, in order to meet the demand of needle coke downstream customers in China, overseas needle coke enterprises adjusted product price, Japan's price is 1200-1250 USD/ton and South Korea is 1200-1250 USD/ton; In terms of oil-based needle coke, Japan's price is 2500-2800 USD/ton, Britain's price is 1800-2000 dollars/ton, and negative coke price is 1000-1500 dollars/ton.

Raw materials aspect

In this month, low and medium sulfur slurry prices rose steadily. By the end of the month, the price was around 5900-6150 yuan/ton, which formed a strong support for the price of oil-based needle coke; In this month, the price of medium-temperature pitch has risen by 150 to 7550-7750 yuan/ton, and some coal-based needle coke enterprises are facing serious losses.

Downstream aspect

In this month, graphite electrode market is stable, the mainstream market UHP600 price is stable at 24000-25000 yuan/ton, graphite electrode market is slowly warming up, but the current demand for needle coke can not play a driving role, it is expected that in the fourth quarter of this year, the demand for needle coke from graphite electrode enterprises will remain stable. In terms of anode material, the production and sales of anode material are booming this month, and the price of graphite is also declining. Anode material enterprises also replenished their raw material inventory this month, but the acceptance of high-priced raw materials is low. The overall rigid demand for needle coke in the anode material market is expected to remain good in the next month.

In summary, the needle coke market has slightly warmed up this month, supported by high raw material prices and strong demand for anode materials. All manufacturers have the determination to stabilize prices, and some manufacturers have the intention to adjust prices upwards. Under the current raw material market price situation, the needle coke price will remain stable in the short term. About the latest information on the needle coke market, welcome to communicate with us.