Needle Coke Report V：

February 2023 Import Data Analysis

1.  Total imports: needle coke total imports  increased by 12.9% in December

In December 2022, China's imports of needle coke totaled 17500 tons, an increase of 12.9% month on month, of which the imports of coal based needle coke were 10700 tons, an increase of 3.88% month on month, and the average import price was 1117.16 dollars/ton, an increase of 3.8% month on month. The import volume of oil-based needle coke was 6800 tons, an increase of 30.77% on a month-on-month basis, and the average import price was 1567.26/ton, a decrease of 5.77% on a month-on-month basis.

In December 2022, China's needle coke total import volume was 17,500 tons, with a month-on-month growth of 12.9%, among which the coal-based needle coke import volume was 10,700 tons, with a month-on-month growth of 3.88%, and the average import price was $1,117.16 / ton, with a month-on-month growth of 3.8%. The petroleum-based needle coke import volume was 6800 tons, up 30.77% from the previous month, and the average import price was 1567.26/ ton, down 5.77% from the previous month.

2. Import according to raw materials: petroleum and coal series increased in December

In December, China's needle-coke import volume totaled 17,500 tons, a month-on-month increase of 12.9%, among which coal series needle-coke import volume was 10,700 tons, a month-on-month increase of 3.88%, petroleum series needle-coke import volume was 0.68 million tons, a month-on-month increase of 30.77%.

3.  Import by country: Japan became the first import source country in December

From the perspective of import sources of needle coke in December, Japan and South Korea became the main import sources, with Japan's import volume ranking the first with 42.6%, followed by South Korea with 31.8%, and the share of the United Kingdom reduced to 23.9%. The cost control of imported low-price needle coke is still the main choice in the downstream, so it is more inclined to import coal series needle coke products from Japan and South Korea.  Learn about the needle coke market follow-up reports, welcome to continue to follow us.