This Week Needle Coke Market Firm Operation, Most of The Enterprise Quotation at a High

Needle coke: this week needle coke market firm operation, most of the enterprise quotation at a high, a small number of enterprises quotation, industry confidence continues to be strong. Raw materials based on the ongoing conflict between Russia and Ukraine, Production interruption in Libya, a large increase in U.S. inventories, industry concerns to support crude oil prices higher, thus boosting the oil needle coke market; Coal asphalt by coal tar price upward, deep processing enterprises start to reduce the impact of the cost of supply of coal asphalt new single higher, support coal needle coke price. As the price of petroleum coke continues to rise, economic enterprises under the consideration of the negative needle coke purchase demand, coke market transaction performance is good; Coke electrode procurement is relatively stable, the transaction is carried out according to the needs of the coke market trading is also acceptable. Upstream and downstream markets for needle coke market to provide sufficient support, enterprise production is positive, later supply will continue to increase. Source: CBC Metals

Catherine

2022.04.24