- needle coke market price analysis
At the beginning of November, the price of Chinese needle coke market went up. Today, Jinzhou Petrochemical, Shandong Yida, Baowu carbon industry and other enterprises have increased their quotations. The current market operating price of cooked coke is 9973 yuan/ton up 4.36%; Coke market average price of 6500 increased by 8.33%, it is reported that the high cost of raw materials is still the main reason for the price increase.
Upstream raw material prices continue to rise, high costs
Coal bitumen: soft bitumen market prices have been rising since October. As of November 1, the price of soft asphalt was 5857 yuan/ton, which increased by 11.33% compared with last month and 89.98% compared with the beginning of the year. According to the current price of raw materials, the profit of coal measure needle coke is basically in the inverted state. From the current market, coal needle coke overall start is still not high, low inventory to form a certain support for market prices.
Slurry oil: Since October, the market price of oil slurry has been greatly affected by the fluctuation of crude oil, and the price has risen sharply. Until now, the price of medium and high sulfur oil slurry has been 3704 yuan/ton, up 13.52% compared with last month. At the same time, according to relevant enterprises, the supply of high quality and low sulfur oil slurry market resources is tight, the price is firm, and the cost of oil needle coke also remains high. The average price of mainstream factories is only slightly higher than the cost line.
The market starts low, positive price upward
From the statistical data, in September 2021, the operating rate remained at about 44.17%. Specifically, the start-up performance of oil-series needle coke and coal-series needle coke was differentiated. The oil-series needle coke market started at a medium and high level, and only part of the plant in Liaoning province stopped production. Coal series needle coke raw material price is higher than oil series needle coke, the cost is high, coupled with the influence of market preference, shipment is not good, so coal series needle coke manufacturers to relieve pressure, production production is more, by the end of October, the average market start only 33.70%, maintenance capacity accounted for more than 50% of the total coal series production capacity.
- needle coke market prediction
Current raw material soft asphalt and slurry oil prices high, in the short term the cost of needle coke market support remains strong, but in late October start down the price of coal, coal tar surface weakening, downstream products such as soft coal asphalt asphalt or bad influence, from the point of supply, high quality needle coke supply tight, coal start low, The new device products were not put on the market in mid-early November, which was positive on the supply side, but negative on the demand side: the negative electrode materials and graphite electrodes in the downstream market started in October, which was affected by the production and power limit. The positive guidance on the demand side was weak. To sum up, it is expected that the needle coke market new single transaction prices have been pushed up, the overall price firm operation.
Post time: Nov-02-2021