Recently, China’s needle coke prices increased by 300-1000 yuan.By March 10, China needle coke market price range 10000-13300 yuan / ton; raw coke 8000-9500 yuan / ton, imported oil needle coke 1100-1300 USD / ton; cooked coke 2000-2200 USD / ton; imported coal needle coke 1450-1700 USD / ton.
I.The Raw Material Price Rise, Needle Coke Cost Surface is High
The price of raw material products has increased greatly. Affected by the international crude oil, the average price of oil pulp has exceeded 5700 yuan / ton, and the price of low sulfur has reached more than 6000 yuan. At the same time, the price of coal tar and tar asphalt has retreated, and the overall cost of needle coke is high.
II, The Downstream Start upward, Needle Coke Demand Face is Good
Downstream construction increased, graphite electrode march is expected to rise to 50%, but the electric furnace steel construction is still low, short-term for graphite electrode purchasing will is not strong, some state-owned steel mills on-demand procurement, affected by the conflict, some graphite electrode enterprise export orders to Russia, some European enterprises in China graphite electrode inquiry increase, afternoon graphite electrode demand is expected to increase.Negative material in March is expected to start at 75% -80%, terminal power battery market orders are not reduced, the overall needle coke demand side is good.
III, Afternoon Forecast
It is expected that in the short term, the needle coke price is mainly rising, on the one hand, the raw material price is high, the needle coke cost is high; on the other hand, the downstream cathode materials and graphite electrode construction is increasing, the order is not reduced, the coke market transaction is active, to sum up the needle coke price still has about 500 yuan increase space
Post time: Mar-11-2022