zh-CNfrdeitptrues
  • 1
  • 2

2018.12.07 This week, the mainstream price of China's prebaked anode market fell, mainly due to the low price of raw materials, the downstream electrolytic aluminum market was affected by the cost pressure, and the loss operation of the company had a common impact. The purchase price of the pre-baked anode market of an aluminum company in Shandong in December. Compared with November, it was down by RMB 50/ton.

Production: The implementation of the limited production requirements for limited production in Shandong Province, the overall performance of other regions is normal, but the safety inspection is still severe; Henan region, affected by high environmental protection requirements and heavy pollution weather, in which the enterprises in Gongyi and Fuyang are suspended, it is expected The possibility of resumption of production on January 17 is relatively small. The company's response is expected to be postponed until mid-February, and other areas in Zhengzhou may also face production suspension. The environmental protection situation in Hebei, Jiangsu and Hubei is strict.

Start-up situation: Production: Shandong area: Binzhou, Zibo, Liaocheng area enterprises implement production restriction measures, the current production is normal, Shandong Jinan and other places of normal production, but the overall safety inspection, environmental inspection is strict; Hebei: Hebei Hongke normal production Exempted from the wrong peak, Hebei Quxin carbon limited production of 20%, Xinfeng only birth block; Shanxi area: currently only two small generation processing as anode, Danyuan conversion, Guan Aluminum discontinued; Jiangsu area: enterprise production is normal, environmental protection The pressure is still large. Hubei area: strict inspection, Hubei Tailai carbon is mainly processed, molding has stopped, currently only calcined coke, Yangxin Liyu carbon is suspended in environmental protection transformation; Henan area: Huihao environmental protection equipment rectification, the current production state.

Gongyi and Shuyang all stopped production, Zhengzhou Great Wall Aluminum Industry participated in the wrong peak, limited production half, and may stop production in the later stage, Henan Branch has all stopped production. Luoyang, Jiaozuo, Sanmenxia enterprises can be exempted from ultra-low. The supply of carbon blocks for individual anodes of the supporting anodes was slightly reduced due to downstream construction. After the technical transformation of carbon forming in Huanghe Xinye, it was officially put into operation and normal operation; the output of Qinghai Qiaotou was reduced, mainly due to the reduction of production of electrolytic aluminum; the shutdown of Chinalco Liancheng carbon was completed, Chinalco Lanzhou Carbon is discontinued and the main digested inventory is currently available.

Fushun Aluminum's new carbon project (350,000 tons) roasting furnace was successfully ignited and started. It is expected that the products will be burnt and burned first in the second quarter of 2019.

Cost: Calcined petroleum coke for prebaked anode: 2018.12.07 This week, the price of petroleum coke market went up and down. Among them, the Sinopec refinery made up the price, the refining price of the refining bottom bottomed out, and the coke price of CNOOC remained weak. The price is stable and wait and see. The price of downstream electrolytic aluminum is still in a downward trend, and the calcined coke is under pressure, so the overall support for the raw material petroleum coke market price is weak. This week, the price of petroleum coke in Sinopec's refinery was lowered by 40-50 yuan/ton, and the individual refineries of PetroChina were lowered by 100 yuan/ton.

Coal tar pitch: The price of coal tar pitch is mainly discussed this week. Under the support of slightly lower supply of medium temperature asphalt, the downward trend tends to be slow. It is expected that the monthly pricing of the big factory may be lower than the previous forecast, and the coal tar pitch market will gradually bottom out next week, and the manufacturer of the modified asphalt main production area will talk about it.

Supply: According to Baichuan Information, in November 2018, China's prebaked anode market totaled 1,546,900 tons (including commercial anodes of 767,500 tons and supporting anodes of 779,400 tons), a decrease of 46,500 tons from the previous month, a decrease of 2.89. %. The main reason for the decline in production: the commercial production of enterprises in the main pre-baked anode production area in Henan Province, the output of most enterprises on the basis of 50% of production, the output will be reduced by half, and even the output of individual enterprises in November, resulting in a decrease in the market anode anode commercial supply; In the supporting anode, the aluminum Lanzhou and Liancheng carbon plants were discontinued, and the aluminum plant in Qinghai reduced production, and the supply of enterprises in individual regions decreased.

Production reduction: Shanxi Jinneng Group Cangzhou Energy Aluminum Silicon Alloy Co., Ltd. maintains 30 sets of 220KA electrolyzers, involving a production capacity of 18,000 tons. Xinjiang Tianlong Mining Co., Ltd. has a capacity of 45,000 tons of electrolytic aluminum, and its current operating capacity is 200,000 tons. Shandong Weiqiao aluminum power peak reduction production, is expected to reduce production by about 10%, is expected to be completed before December 1. The hydropower maintenance and production reduction in western Qinghai has been reduced by 100,000 tons. The remaining 141 sets of 400KA electrolyzers in Qinghai Xinheng Aluminum were shut down. Shandong Huayu aluminum power peak has been reduced by 50,000 tons. Gansu Liancheng Aluminum has stopped 59 units and suspended production for awaiting the outcome of the negotiations. Shanxi Taiyuan East Aluminum Aluminum was shut down completely. Gansu Dongxing Aluminum Jiayuguan Branch reduced production by 80,000 tons, and Daixi Branch reduced production by 100,000.

Dengda Group Aluminum and Henan Yongdeng Aluminum (Yangcheng) have slightly reduced production. Gansu Zhongrui Aluminum has all stopped production. Linfeng Aluminium Power Co., Ltd. all stopped production. Henan Zhongfu Industrial actively reduced production by 100,000 tons. Shanxi Zhaofeng Aluminium Power is expected to shut down 65 units and involve a production capacity of 40,000 tons. Zouping Aluminum has all stopped production. Henan Shenhuo reduced production by about 120,000 tons. Xinjiang Oriental hopes to reduce production to 800,000 tons. Shaanxi Tongchuan Aluminum Division stopped. Huo Coal Tongshun Aluminum is expected to withdraw from the market in 2020. Chinalco Guizhou has completed production cuts. The overhaul of the hydroelectric electrolysis tank in the western part of Qinghai is about to begin, with a planned reduction of 150,000 tons. Qinghai Xinheng Aluminum Co., Ltd. is expected to shut down 140,000 tons due to losses and other issues, and currently has a production capacity of 140,000 tons.

Resumption of production: Inner Mongolia Jinlian aluminum gradually began to resume production. Jiaozuo Wanfang Aluminum has completed the resumption of production and partial trough repairs. Henan Zhongfu Industrial Co., Ltd. has resumed production of 60,000 tons, and will resume production of 50,000 tons. Henan Wanji has a current operating capacity of 550,000 tons. Henan Yongdeng Aluminum Industry (Yangcheng) completed the resumption of production. Yichuan Power Group Yugang Longquan Aluminum has some tank repairs, and the rest of the production has been completed. The current production capacity is 600,000 tons.

New production: Shanxi Chinalco China Resources maintains a current capacity of 100,000 tons. The four-stage 100,000 tons of Guangxi Hualei new materials is expected to be completed around Christmas. Inner Mongolia Chuangyuan has a production capacity of 120,000 tons. It is now temporarily put into operation due to the power problem. It is expected to start production in early December. A series of 125,000 tons of aluminum in Guangxi Debao 100 Mine was started. It is expected that the second series will be 125,000 tons in early January 2019. A series of 125,000 tons of aluminum in the Tianlin Baiyuan Mine in Guangxi has been completed. The first phase of Gansu Zhongrui Aluminum Industry has completed 100,000 tons. The second series of 100,000 tons of Guangxi Suyuan Investment Co., Ltd. is expected to start production in January 2019.

Guangxi Laibin Yinhai Aluminum has a production capacity of 500,000 tons. The 125,000 tons of the fourth section of Guizhou Huaren Aluminum Industry has been completed and put into production. The problem of 125,000 tons of electricity in the first phase of Guizhou Xingren Denggao New Material was once again delayed. Inner Mongolia Huayun New Materials on the 21st, the remaining 88 sets of the second plant began to start, and is currently completed. Baotou Xinhengfeng Energy has already put into operation 200,000 tons. Mengtai Aluminum in Baotou City will be put into production of 50,000 tons. Shaanxi Meixin is expected to start production on December 10. Yingkou Xintai Aluminum Co., Ltd. is expected to complete production by the end of November. Yunnan Yun Aluminum Haixin Aluminum Co., Ltd. put into operation 100,000 tons. Heqing Yixin Aluminum Co., Ltd. is expected to put into operation 150,000 tons, and it is expected that it will not be put into production within 2018.

The market outlook: raw material petroleum coke prices began to rebound individually, coal tar pitch prices are weak, short-term pre-baked anode support is slightly weak; downstream aluminum prices "falling down", electrolytic aluminum enterprises actively reduce production, limited anode demand Supply side: Even if some enterprises in Henan have stopped production, in view of the small production capacity of enterprises and the low operating rate before the suspension of production, the impact on the overall supply of the market is limited, and it is difficult to break the current oversupply situation in the market. Prices are stable and the export volume is expected to increase slightly.

Published in News

2018.11.18 This week, the mainstream price of China's prebaked anode market remained stable, and market trading was relatively stable. Entering the heating season, early warning of heavy pollution occurred. The Zhengzhou area in Henan Province was controlled by orange warning. The carbon enterprises stopped production and control from the 15th. It is expected that the alarm will be lifted on the 17th, and the ultra-low emission enterprises will limit production by 50%. Jiaozuo and Luoyang enterprises may not limit their production if they have low emissions. In addition to Zibo (half production limit), other cities and municipalities are still unclear. The production of enterprises is normal, and the environmental supervision in Hubei, Jiangsu and Southwest is strict.

Start-up situation: Hebei area: Hebei Hongke normal production, exempting peaks, Hebei Quxin carbon production limited to 20%, Zhongdong plans to switch production, Xinfeng raw blocks are all for Qinghai and peak; Shanxi Danyuan due to environmental protection temporarily suspended production, Shanxi Guan Aluminum has been transformed; enterprises in Jiangsu Province are producing normally, and environmental protection pressure is still relatively large. Hubei area inspection is strict, Hubei Tailai carbon production is low, can undertake the processing business, Yangxin Liyu carbon is suspended in environmental protection transformation; Henan area, Huihao environmental protection equipment rectification, the current shutdown state, heavy pollution weather control, Zhengzhou, Gongyi area Suspension of production, Luoyang, Jiaozuo ultra-low emission enterprises are exempted from production. In the normal production of enterprises in Shandong Province, the ultra-low emission of heating season can not be restricted (the production limit is 50% in Zibo area), the inspection team is still in a serious situation, and Jinan organizes a major safety inspection. The supply of carbon blocks for individual anodes of the supporting anodes was slightly reduced due to the downstream construction. The Yellow River Xinye carbon molding technology was officially put into operation after the technical transformation was completed. The Chinalco Liancheng Carbon Project was shut down on the 15th.


Message:
1. The “Action Plan for Comprehensive Management of Air Pollution in the Autumn and Winter of 2018-2019 in Beijing, Tianjin and Hebei and the Surrounding Areas” has been released, and the production control of differentiated peaks has been implemented.
2, "The Yangtze River Delta autumn and winter air pollution tough battle to seek comments released", involving Jiangsu, Hubei.
3. “Notice on the Implementation Plan of the Three-Year Action Plan for Jiangsu Province to Win the Blue Sky Defence War”, to achieve ultra-low emission can not limit production.
4. Zhengzhou City Environmental Pollution Prevention and Control Team
Regarding further tightening of temporary control measures under unfavorable meteorological conditions
The notice has been implemented since 0:00 on November 1.
5. On 11.14, Shandong Zibo Environmental Protection Bureau issued a “Implementation Plan for the Production and Control of Autumn and Winter Peaks of Industrial Enterprises in Zibo City from 2018 to 2019”. Aluminum carbon enterprises limited production by 50%, and other carbon enterprises limited production by 30% to calcined tanks. , the number of calcined tanks stopped production or the number of days of production line shutdown.
6. Notice of the People's Government of Jiaozuo City on Printing and Distributing the Three-Year Plan of Action for Pollution Prevention and Control in Jiaozuo City (2018-2020).
7. Guiding opinions on peak production in key industries in autumn and winter in 2018-2019 in Shanxi Province.

Cost aspect:

Petroleum Coke: Petroleum Coke for Prebaked Anodes: This week, the petroleum coke market is weak. Each refinery adjusted the price slightly according to the inventory. This week, the coke market was affected by the downward price of the downstream calcined coke market. The mainstream price of the coke was stable, and the downstream customers were more cautious in purchasing the traders. This week, the prices of only four refineries under Sinopec have been slightly adjusted. The price of PetroChina in Northeast China has been stable this week. The price of Xinjiang in the northwest region has been raised by RMB 50/ton this week. CNOOC’s anode coke shipment performance is poor this week. The actual transaction has been loosened. The price of Shandong Haihua Petroleum Coke was raised by RMB 50/ton this week. The coking price of this week fell by RMB 30-150/ton.

Coal tar pitch: This week, the focus of the upgraded asphalt market continued to fall. The cumulative total of new single transactions was around 100-150 yuan/ton, and most of the pre-execution pricing prices were on the high side. Raw coal tar has fallen short, and the price of the upper and lower prices has become more intense. Therefore, some manufacturers have lowered their shipments. The market outlook: raw coal tar continues to fall and bear bad, it is expected that there will be no shortage of new upgrades in the next week, and the cumulative range next week may be around 100 yuan / ton.

Supply: According to statistics, in October 2018, the total output of China's prebaked anode market was 1,161,400 tons (including commercial anodes of 775,200 tons and supporting anodes of 836,200 tons, an increase of 61,100 tons from September, an increase of 3.94%. The monthly output increased slightly compared with the output in September. The main reason was that the output of individual anode enterprises increased, and the output of commercial anode enterprises increased steadily.

Downstream demand:

Production reduction: Gansu Liancheng Aluminum Co., Ltd. decided that the remaining 168 sets of 500KA electrolyzers should be shut down due to the price of electricity, involving a production capacity of 220,000 tons. Shanxi Taiyuan East Aluminum Aluminum was shut down due to sulfur emission problems. Due to the planned inspection and revision, Gansu Dongxing Aluminum Co., Ltd. plans to reduce production by 300,000 tons. At present, Jiayuguan Branch has reduced production by 60,000 tons, and its current operating capacity is 1.26 million tons. The Minxi Branch has reduced production by 80,000 and its current operating capacity is 250,000 tons. Dengdian Group Aluminum Alloy Co., Ltd. and Henan Yongdeng Aluminum (Yangcheng) Branch have slightly reduced production due to tight supply of electricity. Gansu Zhongrui Aluminum has all stopped production. Linfeng Aluminium Power Co., Ltd. all stopped production due to losses. Henan Zhongfu Industrial actively reduced production by 100,000 tons due to losses. Shanxi Zhaofeng Aluminum Electric is expected to shut down 40,000 tons due to environmental inspection. Zouping Aluminum has all stopped production, involving a production capacity of 140,000 tons. Henan Shenhuo (Group) Co., Ltd. reduced production by about 120,000 tons. Xinjiang Oriental Hope Nonferrous Metals Co., Ltd. is expected to reduce production to 800,000 tons due to indicators. Shaanxi Tongchuan Aluminum Industry Co., Ltd. stopped. Huo Coal Tongshun Aluminum is expected to withdraw from the market in 2020 due to losses, intra-group replacement demand, or production cuts but not explicitly reduced production by 115,000 tons. The production capacity of Chinalco Guizhou's 150,000 tons has been reduced. Qinghai West Hydropower Co., Ltd. is about to start the electrolysis cell repair, and plans to reduce production by 150,000 tons. Qinghai Xinheng Aluminum Co., Ltd. is expected to shut down 140,000 tons due to losses and other issues, and currently has a production capacity of 140,000 tons.

Resumption of production: Inner Mongolia Jinlian aluminum gradually began to resume production. Jiaozuo Wanfang Aluminum has completed the resumption of production and partial trough repairs. Henan Zhongfu has resumed production of 60,000 tons, and will resume production of 50,000 tons. Henan Wanji Aluminum has completed the resumption of production and now has a production capacity of 550,000 tons. Henan Yongdeng Aluminum (Yangcheng) Branch completed the resumption of production. Yugang Longquan Aluminum Co., Ltd. has repaired some of the troughs and completed the rest of the production. The current production capacity is 600,000 tons.

New production: Guangxi Hualei New Materials Co., Ltd. is expected to start production on the 20th of November. Gansu Zhongrui Aluminum has completed 100,000 tons of production. Guangxi Suyuan II series began to build 100,000 tons. A series of 125,000 tons of aluminum in Guangxi Debao Baiyuan Mine was started. It is expected to start the second series of 125,000 tons at the beginning of December. A series of electric power projects in Guangxi Tianlin Baiyuan Mine are expected to be completed at the end of November. Guangxi Laibin Yinhai Aluminum has a production capacity of 500,000 tons. The 125,000 tons of the fourth section of Guizhou Huaren Aluminum Industry has been completed and put into production. The problem of 125,000 tons of electricity in the first phase of Guizhou Xingren Denggao New Material was once again delayed. Inner Mongolia Huayun New Materials No. 2 Plant was completed and put into production. Inner Mongolia Chuangyuan Metal has a current operating capacity of 100,000 tons, and is now temporarily put into operation due to power problems. Baotou Xinhengfeng Energy started production in August 2018 and plans to start production of 200,000 tons. Mengtai Aluminum in Baotou City is expected to complete production of 250,000 tons within the year and will be put into production of 50,000 tons. Shaanxi Meixin is expected to start production at the end of November. Yingkou Xintai Aluminum Co., Ltd. has a current operating capacity of 200,000 tons. Yunnan Yun Aluminum Haixin Aluminum Co., Ltd. put into operation 100,000 tons. Heqing Yixin Aluminum Co., Ltd. is expected to start production of 150,000 tons, which is expected to be impossible within 2018.

Forecast of the market outlook: the support for raw material prices is limited; if other local market policies are not clear and the frequency of heavy pollution weather is high, the heating season market may start to fluctuate; the downstream electrolytic aluminum price will operate at a low level, the market will suffer losses overall, and production will be reduced. As planned, the demand side will be under pressure and the prebaked anode consumption will be limited. On the whole, the pre-baked anode market price is stable in the short term, and the support factors are limited in the long run, and the potential for weak operation is high.

Remarks: At present, domestic and foreign electrolytic aluminum production enterprises have large gaps in the procurement requirements for prebaked anodes. Foreign large-scale electrolytic aluminum production enterprises seek to maximize the comprehensive benefits of electrolytic aluminum production. Therefore, in the process of purchased prebaked anodes, prebaked anodes are required. There are many indicators of quality; domestic electrolytic aluminum producers pay more attention to the price of prebaked anodes, and their quality requirements are relatively low. So there is a gap in the price between the two.

Published in News

2018.11.11 This week, the mainstream price of China's prebaked anode market remained stable, and the overall market trading volume was relatively stable. The price of raw material petroleum coke is stable, the price of coal tar is rising, and the support of cost is limited. The heating season is approaching, the Shandong area can not exceed the standard, and Zhengzhou Dachao still has a low production limit of 50%. However, the company has limited operating rate and limited supply side. The environmental inspections in Hebei, Jiangsu and Hubei are still strict. Due to the reduction in electricity prices, the carbon plant has been shut down since the 6th.

Start-up situation: Hebei area: Hebei Hongke, Hebei Quxin carbon conventional, normal production, Zhongdong plans to switch production, Xinfeng raw blocks are all for Qinghai and peak; Shanxi enterprises start weaker, Danyuan roasting is open, do Part of the electrode; the production of enterprises in Jiangsu area is normal, and the environmental protection pressure is still relatively large. Hubei Province has strict inspection, Hubei Tailai carbon production is low, can undertake the processing business, Yangxin Liyu carbon is suspended in environmental protection transformation; Henan, some enterprises have reduced production, Boda electric porcelain, Wenxian Oriental generation processing electrode, a small amount of roasting; Zhengzhou Great Wall Aluminum has been ignited and resumed. In Gongyi District, Jinyu started about 50%, and Zhulin Saxin has processed carbon blocks. Some enterprises have been ultra-low-checked. In addition to Zhengzhou, Henan Province has low emission limits. In the southwestern part of the country, some enterprises have reduced production; in the normal production of enterprises in Shandong, the ultra-low emission of heating season can not be restricted. The supply of carbon blocks for individual anodes of the supporting anodes was slightly reduced due to the downstream construction. After the technical transformation of the carbon forming technology of the Yellow River was officially put into operation, the carbon in Chinalco will be shut down.

Message:
1. The notice of the implementation plan for the implementation of the peak production regulation of industrial enterprises in the heating period of 2018-2019 during the reporting period of 2018-2019 indicates that the carbon enterprises used for electrolytic aluminum are limited to 50%. The production line is stable and achieves ultra-low emission (particles, sulfur dioxide, and nitrogen oxides are not higher than 10, 35, 50 mg/m3 respectively), and the production is limited to 50% in the non-ferrous recycling industry. Production line meter.
2. The Action Plan for Comprehensive Management of Air Pollution in the Autumn and Winter of 2018-2019 in Beijing, Tianjin and Hebei and the Surrounding Areas has been released, and the implementation of differentiated peak production control.
3, "The Yangtze River Delta autumn and winter air pollution tough battle to seek comments released", involving Jiangsu, Hubei.
4. “Notice on the Implementation Plan of the Three-Year Action Plan for Jiangsu Province to Win the Blue Sky Defence War”, to achieve ultra-low emission can not limit production.
5. Zhengzhou City Environmental Pollution Prevention and Control Leading Group Office

Cost: petroleum coke for prebaked anode: The mainstream price of petroleum coke in this week is stable and downward. Due to the downside of the downstream market, shipments in the petroleum coke market have slowed down this week. Most refineries have inventories, but prices In this regard, the mainstream remained steady this week, and some refineries' coke prices have declined. In addition, this week, the northwest region was supported by winter stocks, and the price of petroleum coke in the refineries in the northwest region continued to perform strongly. Coal tar pitch: This week, the coal tar pitch market has been consolidated and operated. The high level in the previous period has gradually faded out, the actual transaction has stabilized, and some higher price offers have been reported. It is expected that the actual trading of coal tar will also fluctuate within a narrow range in the next week. However, under the pressure of lowering raw materials, there is no possibility of a narrow range of looseness in the high position, and the fluctuation range is limited in the short term, or accumulated at around 50 yuan/ton.

Supply: According to statistics, in October 2018, the total output of China's prebaked anode market was 1,161,400 tons (including commercial anodes of 775,200 tons and supporting anodes of 836,200 tons), an increase of 61,100 tons or 3.94% from September. The output in October increased slightly compared with the output in September. The main reason was that the output of individual anode enterprises increased, and the output of commercial anode enterprises increased steadily.

Downstream demand:
Production reduction: Gansu Liancheng Aluminum Co., Ltd. decided that the remaining 168 sets of 500KA electrolyzers should be shut down due to the price of electricity, involving a production capacity of 220,000 tons. Shanxi Taiyuan East Aluminum Aluminum was shut down due to sulfur emission problems. Gansu Dongxing Aluminum plans to reduce production by 300,000 tons. Dengdian Group Aluminum Alloy Co., Ltd. and Henan Yongdeng Aluminum (Yangcheng) Branch have slightly reduced production due to tight supply of electricity. Gansu Zhongrui Aluminum has all stopped production. Linfeng Aluminium Power Co., Ltd. all stopped production due to losses. Henan Zhongfu Industrial actively reduced production by 100,000 tons due to losses. Shanxi Zhaofeng Aluminum Electric is expected to shut down 40,000 tons due to environmental inspection. Zouping Aluminum has all stopped production, involving a production capacity of 140,000 tons. Henan Shenhuo (Group) Co., Ltd. reduced production by about 120,000 tons. Xinjiang Oriental Hope Nonferrous Metals Co., Ltd. is expected to reduce production to 800,000 tons due to indicators. Shaanxi Tongchuan Aluminum Industry Co., Ltd. stopped. Huo Coal Tongshun Aluminum is expected to withdraw from the market in 2020 due to losses, intra-group replacement demand, or production cuts but not explicitly reduced production by 115,000 tons. The production capacity of Chinalco Guizhou's 150,000 tons has been reduced.

Resumption of production: Inner Mongolia Jinlian aluminum gradually began to resume production. Jiaozuo Wanfang Aluminum has completed the resumption of production and partial trough repairs. Henan Zhongfu has resumed production of 60,000 tons, and will resume production of 50,000 tons. Henan Wanji Aluminum has completed the resumption of production and now has a production capacity of 550,000 tons. Henan Yongdeng Aluminum (Yangcheng) Branch completed the resumption of production. Yugang Longquan Aluminum Co., Ltd. has repaired some of the troughs and completed the rest of the production. The current production capacity is 600,000 tons.

New production: Guangxi Hualei new material four-stage 100,000 tons is expected to start production on November 10. Gansu Zhongrui Aluminum has completed 100,000 tons of production. Guangxi Suyuan II series began to build 100,000 tons. A series of 125,000 tons of aluminum in Guangxi Debao Baiyuan Mine was started. It is expected to start the second series of 125,000 tons at the beginning of December. A series of electric power projects in Guangxi Tianlin Baiyuan Mine are expected to be completed at the end of November. Guangxi Laibin Yinhai Aluminum has a production capacity of 500,000 tons. The 125,000 tons of the fourth section of Guizhou Huaren Aluminum Industry has been completed and put into production. The problem of 125,000 tons of electricity in the first phase of Guizhou Xingren Denggao New Material was once again delayed. Inner Mongolia Huayun New Materials No. 2 Plant was completed and put into production. Inner Mongolia Chuangyuan Metal has a current operating capacity of 100,000 tons, and is now temporarily put into operation due to power problems. Baotou Xinhengfeng Energy started production in August 2018 and plans to start production of 200,000 tons. Mengtai Aluminum in Baotou City is expected to complete production of 250,000 tons within the year and will be put into production of 50,000 tons. Shaanxi Meixin is expected to start production at the end of November. Yingkou Xintai Aluminum Co., Ltd. has a current operating capacity of 200,000 tons. Yunnan Yun Aluminum Haixin Aluminum Co., Ltd. put into operation 100,000 tons. Heqing Yixin Aluminum Co., Ltd. is expected to start production of 150,000 tons, which is expected to be impossible within 2018.

Forecast of the market outlook: approaching the heating season, the implementation of the overall market policy will be implemented next week. The prices of raw petroleum coke and coal tar pitch will be stable, and the cost support will be limited. The market will adjust to the policy problems based on maintaining the original operating rate. Production plan, operating rate may be slightly oscillated; downstream electrolytic aluminum prices are still running at a low level, enterprises are slightly increased by cost reduction and other production reduction plans, and negative anode market consumption. On the whole, it is expected that the prebaked anode market will be stable in the short term.

Remarks: At present, domestic and foreign electrolytic aluminum production enterprises have large gaps in the procurement requirements for prebaked anodes. Foreign large-scale electrolytic aluminum production enterprises seek to maximize the comprehensive benefits of electrolytic aluminum production. Therefore, in the process of purchased prebaked anodes, prebaked anodes are required. There are many indicators of quality; domestic electrolytic aluminum producers pay more attention to the price of prebaked anodes, and their quality requirements are relatively low. So there is a gap in the price between the two.

Published in News

20181104 This week, the mainstream of petroleum coke market is stable, the support of the downstream market is limited, all enterprises are purchasing on demand, and the trading of petroleum coke market has slowed down. In detail, the price of petroleum coke in Sinopec's refinery was stable this week, and only some high-sulfur coke prices fluctuated slightly.

Shipments along the Yangtze River this week were large, mainly for the delivery before the Shanghai Expo. The individual ports along the Yangtze River stopped operations on November 2-11, and the prices of other varieties were temporarily stabilized. Formosa Plastics Coke is about to start tendering in December, and there are more negative factors in the near future. In the early period, high inventory, southern metal silicon will enter the off-season, and some common downstream refinery petroleum coke prices are relatively low, the external disk high sulfur coke price fell, the RMB exchange rate continued. Falling, there is still a slight risk of falling under current prices.

Prebaked anode: This week, the mainstream price of China's prebaked anode market has stabilized. Production: Shandong enterprises produce normal production, and ultra-low emission in autumn and winter can not limit production; Henan Zhengzhou area requires carbon enterprises to reduce 50% of all pollution sources, mainly controlling carbon emissions; in addition to individual enterprises, Hebei carbon enterprises Most of them meet the standard A category and are not restricted. Market outlook: raw material petroleum coke, coal bitumen this week, the overall price is stable, the price of individual enterprises is lowered, the support of cost side is limited; the heating season is approaching, the market supply may increase, but the growth rate is limited, some enterprises have maintained half of the work; downstream electrolysis The aluminum market fell below the fourth level, and the operating pressure of the company was relatively high. It was not excluded that the company actively reduced production in the later period and affected the consumption of the anode market. In general, most municipal policies are not yet clear, so due to multi-faceted factors, the price of prebaked anodes may fluctuate and stabilize in the short term.

Metal silicon: This week, the metal silicon market performance is weak and stable, and the price of low-grade metallurgical grade metal silicon market has dropped slightly. The price of oxygen metallurgical grade silicon metal ports in the northern region dropped by 100-200 yuan/ton, while the market for non-oxygen 553# metal silicon was relatively light. The markets in various regions were light and the orders were few. Previously, the price strategy adopted by the manufacturers to deal with the shutdown during the dry season has not been applied. Some enterprises in Sichuan and Chongqing have already lowered the price of non-oxygen 553# metal silicon by a hundred yuan. The high-grade metallurgical grade metal silicon market is generally stable. Recently, the high-grade metal silicon output is low. The planned production of silicon enterprises remains on the sidelines. However, due to weak demand, prices are still not decreasing. The chemical grade 421# metal silicon market has a large gap. Due to raw material problems in Sichuan, the output of quality products is less, but the demand for long-term fixed customers is more, and there is a shortage of supply. However, the production of 421# metal silicon in Yunnan and other places in Xinjiang is relatively large, resulting in a sufficient spot of 421# metal silicon in the overall market. On the whole, in November, chemical companies all over the country had maintenance plans, and the demand for metal 421 in the later period was weak.

Steel: This week, domestic steel prices are dominated by high-level consolidation. Leading steel mills have a strong willingness to price and boost market confidence. Social stocks continued to decline, and the decline was obvious. The environmental protection and production restriction policies were strict and the steel prices were supported. However, due to factors such as tight capital at the end of the month, the transaction was relatively light. It is expected that short-term domestic steel prices will likely rise and fall.

Cement: This week, the national cement market price has blossomed everywhere, and the price in the southern market has been singing all the way. On the 31st, the price of clinker in the Yangtze River Delta region in China rose sharply by 50 yuan/ton, driving the price of cement in the surrounding areas of Zhejiang and Jiangsu to continue to rise. During the week, Jiangxi, Shanghai and Shandong all had different price increases. The cement market in Central and South China was stable. There has been a rise, and the Guangdong region has once again gained a round. The two lakes market is still showing signs of rising. The price changes in Henan are frequent and the offer is chaotic. In the southwest Sichuan-Chongqing region, the price increase was discounted, the market in North China was stable, the prices in Tianjin and Hebei increased, and the prices in the northwest of Shaanxi Province were higher than those in Shaanxi, and the rest were stable. Affected by temperature, demand is gradually declining.

Published in News

2018.10.28 This week, the mainstream price of China's prebaked anode market remained stable and the market was trading normally. Production: The production of enterprises in Shandong is normal. Except for Zibo, the heating season policy has not been released; the Henan area has implemented heavy pollution weather control, and enterprises have pressure production. In Zhengzhou, it is reported that carbon enterprises have achieved ultra-low emission limit of 50%. Otherwise, the production is suspended, and the company has not received the notice yet, to be confirmed. The price of downstream electrolytic aluminum continued to run at a low level, and the company's production reduction and repair plan increased.

Start-up situation: Hebei area: Hebei Hongke, Hebei Quxin carbon conventional, normal production, Zhongdong plans to switch production, Xinfeng raw blocks are all for Qinghai and peak, Hebei heating season adopts "step A\B\C" Production is limited; enterprises in Shanxi are weakly started, Danyuan roasting is underway, some electrodes are being used, and Guanlan plans to transform enterprises; Jiangsu enterprises are producing normally, “Yangtze River autumn and winter plan has been released”, and production in Jiangsu will be affected during the heating season. limit. Hubei Province has strict inspection, Hubei Tailai carbon production is low; Guizhou area, Chinalco Guizhou carbon plant relocation, no output; Henan, some enterprises have reduced production, Boda electric porcelain processing electrode, roasting a small amount; Henan Yuhui, Zhengzhou Great Wall aluminum During the suspension of production, the specific start-up time is to be determined. In Gongyi area, Jinyu started about 50% of the operation, and the bamboo blocks were processed outside the bamboo block. Some enterprises have passed the inspection. In the southwestern region, some enterprises have reduced production; in the normal production of enterprises in Shandong, the output of individual enterprises has fluctuated. The supply of carbon blocks for individual anodes of supporting anodes was slightly reduced due to the downstream start-up, and the Yellow River Xinye carbon molding technology reform was officially put into operation.

Message:
1. The notice of the implementation plan for the implementation of the peak production regulation of industrial enterprises in the heating period of 2018-2019 during the reporting period of 2018-2019 indicates that the carbon enterprises used for electrolytic aluminum are limited to 50%. The production line is stable and achieves ultra-low emission (particles, sulfur dioxide, and nitrogen oxides are not higher than 10, 35, 50 mg/m3 respectively), and the production is limited to 50% in the non-ferrous recycling industry. Production line meter.
2. The Action Plan for Comprehensive Management of Air Pollution in the Autumn and Winter of 2018-2019 in Beijing, Tianjin and Hebei and the Surrounding Areas has been released, and the implementation of differentiated peak production control.
3, "The Yangtze River Delta autumn and winter air pollution tough battle to seek comments released", involving Jiangsu, Hubei.
4. “Notice on the Implementation Plan of the Three-Year Action Plan for Jiangsu Province to Win the Blue Sky Defence War”, to achieve ultra-low emission can not limit production.

Cost aspect:
Petroleum coke for prebaked anode: The price of petroleum coke in this week has risen slightly, the downstream carbon enterprises have entered the period of replenishment, some petroleum refinery stocks in low refineries are low, and the resources of low-sulfur petroleum coke in aluminum are tight. Promote the price increase of the petroleum coke market. In detail, the price of petroleum coke in Sinopec's refinery was stable this week. The refinery's coke price in some areas was slightly pushed up by RMB 10-20/ton. This week, the price of petroleum coke in the northwest of China Petroleum was pushed up by RMB 50-200/ About ton, the high price of CNOOC's refinery in the previous period fell significantly this week. This week, the refinery petroleum coke market was trading well, and the coke price rose by 20-80 yuan/ton.

Coal tar pitch: This week, the coal tar pitch market is at a high level, and the new moon order negotiation will begin in the latter part of the year; raw materials will rise and fall this week. Coal and coal are waiting to see the mood. Market outlook: Coal tar pitch is expected to increase at a low level and be consolidated at a high level.

Supply: According to Baichuan Information, in September 2018, the total output of China's prebaked anodes was 1,560,500 tons, of which 740,500 tons of commercial anodes and 802,000 tons of anodes were increased by 16,900 tons from August, an increase of 1.09%. . The output in September increased slightly compared with the output in August. The main reason was that the output of individual anode enterprises increased, and the output of commercial anode enterprises increased and decreased, which was the same as last month.

Production cuts: Shanxi Taiyuan East Aluminum was shut down on the 23rd due to sulfur emission, and the production capacity was 85,000 tons before the shutdown. In the implementation of Gansu Dongxing Aluminum's planned inspection and correction, the production will be reduced by 300,000 tons. Dengdian Group Aluminum Alloy Co., Ltd. and Henan Yongdeng Aluminum (Yangcheng) Branch slightly reduced production due to tight supply of electricity. Gansu Zhongrui Aluminum has stopped production of 100,000 tons due to funding problems. Linfeng Aluminium Electric has started to cut 60,000 tons due to losses, and will stop production. Henan Zhongfu actively reduced production by 100,000 tons due to loss, and is currently working about 300,000 tons. Due to environmental inspections, Shanxi Zhaofeng Aluminium Power is expected to shut down 65 units, involving a production capacity of 40,000 tons, and is currently operating at 130,000 tons. Zouping Aluminum has all stopped, involving a production capacity of 140,000 tons, and started production capacity of 60,000 tons before production stoppage. Chinalco has lost about 160,000 tons of electricity due to electricity prices. Henan Shenhuo reduced production by about 120,000 tons, and its current operating capacity is 210,000 tons. Xinjiang Oriental hopes to reduce production to 800,000 tons due to indicators. Shaanxi Tongchuan Aluminum Industry Co., Ltd. all stopped, and the index was transferred to Meixin. Huo Coal Tongshun Aluminum is expected to withdraw from the market in 2020 due to losses, intra-group replacement demand, or production cuts but not explicitly reduced production by 115,000 tons. The Chinalco Guizhou branch retreated to the city and the production capacity of 150,000 tons has been reduced.

Resumption of production: Jiaozuo Wanfang Aluminum has completed the resumption of production and partial rotation of the trough. Henan Zhongfu has resumed production of 60,000 tons, and will resume production of 50,000 tons. Henan Wanji Aluminum has completed the resumption of production and now has a production capacity of 550,000 tons. Henan Yongdeng Aluminum (Yangcheng) Branch completed the resumption of production. Yichuan Power Yugang Longquan Aluminum has some tank repairs, and the rest of the production has been completed. The current production capacity is 600,000 tons.

New production: Gansu Zhongrui Aluminum Industry Phase I has completed 100,000 tons. The second series of Guangxi Suyuan Investment is expected to start production at the end of October and will be completed during the year. A series of 125,000 tons of aluminum in Guangxi Debao 100 Mine started up. It is expected that the second series will be 125,000 tons at the end of November. A series of 125,000 tons of aluminum in the Tianlin Baiyuan Mine in Guangxi is expected to be completed at the end of November. Guangxi Laibin Yinhai Aluminum has completed production and has a production capacity of 500,000 tons. Guangxi Hualei new materials four stages of 100,000 tons due to unit maintenance delayed production until October. The 125,000 tons of the fourth section of Guizhou Huaren Aluminum Industry has been completed and put into production. The problem of 125,000 tons of electricity in the first phase of Guizhou Xingren Denggao New Material was once again delayed. Inner Mongolia Huayun New Materials Co., Ltd. began to start the remaining 88 tanks on the 21st of the second plant, and has completed production. Inner Mongolia Chuangyuan Metal has a current operating capacity of 100,000 tons, and is now temporarily put into operation due to power problems. Baotou Xinhengfeng Energy has already put into operation 200,000 tons. Mengtai Aluminum in Baotou City is expected to complete production of 250,000 tons within the year and will be put into production of 50,000 tons. Shaanxi Meixin is expected to start production in November. Yingkou Xintai Aluminum has a production capacity of 170,000 tons. Yunnan Yun Aluminum Haixin Aluminum Co., Ltd. put into operation 100,000 tons. Heqing Yixin Aluminum Co., Ltd. is expected to put into operation 150,000 tons, and it is expected that it will not be put into production within 2018.

Forecast: The price of raw petroleum coke is rising, the price of coal tar pitch continues to rise, the pressure of prebaked anode cost increases, and the support price; the enthusiasm of downstream aluminum smelting enterprises in winter procurement is slower than that of the same period of last year, but if the policy of Zhengzhou heating season is emulated by other cities, prebake The anode production limit in winter will be greater than the previous forecast of differential peaks, and the procurement of aluminum plants will increase. On the whole, the price of short-term prebaked anodes will be stable, and next month will approach the heating season, the policy will gradually become clear, subject to raw materials and Downstream consumption stimulates, prices may fluctuate.

Published in News

20181014 This week, the mainstream price of the prebaked anode market rose, which is good for industry confidence. The fourth quarter has begun, the heating season is just around the corner, the Beijing-Tianjin-Hebei region policy has been released, and ultra-low emissions can not be restricted, and local policies are being released. It is reported that some enterprises in Henan have passed the ultra-low acceptance test, and the Hebei region has limited production. India’s import of carbon-grade petroleum coke bans and sets quotas, which will benefit anode exports.

Start-up situation: start-up situation: Hebei area: Hebei Hongke, Hebei Quxin carbon conventional, normal production, Zhongdong plans to switch production, Xinfeng raw blocks are all for Qinghai and peak, Hebei heating season adopts "step A\B \C" limited production; enterprises in Shanxi Province started to work weakly, Danyuan roasting is in the open, do some electrodes, Guan Aluminum plans to transform the enterprise, plans to do electrode paste or roasting electrode, has not been determined;

The production of enterprises in Jiangsu area is normal, and the construction started higher than that in the second quarter. “The autumn and winter plan of the Yangtze River Delta has been released”, and production in Jiangsu will be limited during the heating season.

Hubei Province has strict inspections, Hubei Tailai carbon production has been reduced, and environmental protection equipment has been transformed. Enterprises have a small amount of stocks; Guizhou area, Chinalco Guizhou carbon plant relocated, no output; Henan, some enterprises have reduced production, Boda electric porcelain processing electrodes, roasting A small amount, Huihao environmental protection equipment renovation, August shutdown maintenance, Henan Yuhui, Zhengzhou Great Wall discontinued production, Gongyi area, Jinyu started about 50%, Zhulin Saxin external processing carbon block, some enterprises have been low acceptance. In the southwestern region, some enterprises have reduced production; in the normal production of enterprises in Shandong, the output of individual enterprises has fluctuated. The carbon blocks of the supporting anodes are upgraded by environmental protection reasons or the electrolytic cell is overhauled.

Message:
1. The notice of the implementation plan for the implementation of the peak production regulation of industrial enterprises in the heating period of 2018-2019 during the reporting period of 2018-2019 indicates that the carbon enterprises used for electrolytic aluminum are limited to 50%. The production line is stable and achieves ultra-low emission (particles, sulfur dioxide, and nitrogen oxides are not higher than 10, 35, 50 mg/m3 respectively), and the production is limited to 50% in the non-ferrous recycling industry. Production line meter.
2. The Action Plan for Comprehensive Management of Air Pollution in the Autumn and Winter of 2018-2019 in Beijing, Tianjin and Hebei and the Surrounding Areas has been released.
3, "The Yangtze River Delta autumn and winter air pollution tough battle to seek comments released", involving Jiangsu, Hubei.

Cost aspect:
Petroleum coke for prebaked anode: This week, the price of petroleum coke market rose first and then stabilized. During the National Day, some refineries executed pre-holiday orders, and the inventory performance after the holiday was low. The coke price was obviously pushed up, but the downstream market procurement operation was late this week. The performance was general. At the same time, the petroleum coke index of some enterprises was changed, the market low sulfur coke resources decreased, and the medium sulfur coke resources increased, so the market price gradually stabilized.

Coal tar pitch: After the National Day holiday, the coal tar pitch market has risen sharply, and the revised asphalt offer has risen sharply, but as of this Thursday, the high level is still playing. Medium-temperature asphalt supply reduction in the short-term, downstream demand is still acceptable, low-end delisting, high breakthrough is limited.

Supply side:
According to statistics, in August 2018, the total output of China's prebaked anodes was 1,560,500 tons, of which 740,500 tons of commercial anodes and 802,000 tons of anodes were increased by 16,900 tons from August, an increase of 1.09%. The output in September increased slightly compared with the output in August. The main reason was that the output of individual anode enterprises increased, and the output of commercial anode enterprises increased and decreased, which was the same as last month.

Downstream demand:
Production cuts: Dengdian Group Aluminum Alloy Co., Ltd. and Henan Yongdeng Aluminum (Yangcheng) have slightly reduced production due to power supply problems. Gansu Zhongrui Aluminum has reduced production problems. Henan Zhongfu and Linfeng Aluminium Electric actively reduced production due to losses. Shanxi Zhaofeng Aluminium Power Environmental Inspection, shut down 65 units, involving a production capacity of 40,000 tons. Zouping Aluminum has all stopped production, involving a production capacity of 140,000 tons. Chinalco Liancheng reduced production by about 160,000 tons due to electricity price problems. Henan Shenhuo reduced production by about 110,000 tons. Xinjiang Oriental hopes to reduce production to 800,000 tons due to the indicator problem. Shaanxi Tongchuan Aluminum Industry Co., Ltd. all stopped, and the index was transferred to Meixin. Chinalco Guizhou's 150,000 tons has all been reduced. Huo Coal Tongshun Aluminum Industry is expected to implement around 2020 due to losses, intra-group replacement demand, or production cuts but not explicitly reduced production by 115,000 tons.

Resumption of production: Jiaozuo Wanfang Aluminum has basically completed the resumption of production and partial rotation of the trough. In addition to the wheel repair, Linfeng Aluminium Electric has basically resumed production. Some of the tanks in the Longquan Aluminum Industry of Yugang were overhauled, and the rest of the production was completed. The current production capacity is 600,000 tons. Henan Zhongfu resumed production and the remaining rounds were repaired. Henan Wanji Aluminum completed its resumption of production in mid-May and now has a production capacity of 570,000 tons. Henan Yongdeng Aluminum Co., Ltd. (Yangcheng) Branch completed the resumption of production.

In terms of new production: 125,000 tons of the fourth section of Guizhou Huaren Aluminum has been completed. Inner Mongolia Huayun New Materials on the 21st, the remaining 88 sets of the second plant began to start, and is currently completed. Shaanxi Meixin began commissioning equipment on September 15 and is expected to start production in November. Shanxi Chinalco China Resources 1st and 8th District has a current operating capacity of 80,000 tons and is temporarily stable. It is expected to continue production in late October. Yingkou Xintai Aluminum started production on September 5th. Yun Aluminum Haixin Aluminum Co., Ltd. put into operation 100,000 tons. Xinhengfeng Energy started production in August 2018 and plans to start production of 200,000 tons. Guizhou Xingren climbed the high, and the 122.5 million tons of electricity in the first phase was suspended again. It is expected to continue in early November. Gansu Zhongrui Aluminum Industry Phase I has completed 100,000 tons of production, and the second phase has not yet started production. The current funding problem has been reduced. Guangxi Hualei new materials four stages of 100,000 tons due to unit maintenance delayed production until October. Mengtai Aluminum is expected to complete production of 250,000 tons within the year. Inner Mongolia Chuangyuan Metal, with a current operating capacity of 90,000 tons, is now temporarily put into operation due to the price of electricity. Guangxi Suyuan's second series of 100,000 tons is expected to start production at the end of October. A series of 100,000 tons of Guangxi Debao 100 mines has been completed. A series of 100,000 tons of aluminum in the Tianlin 100 mine in Guangxi is currently slowly put into operation. Guangxi Laibin Yinhai Aluminum has a production capacity of 500,000 tons. Heqing Yixin Aluminum Co., Ltd. is expected to start production in October 2018.

Market outlook: The price of raw petroleum coke is generally raised after the holiday, the price of coal tar is pushing up, the price is increasing, the pressure of prebaked anode is increasing; the stocking of downstream electrolytic aluminum market is still going on, which is good for anode consumption, but the price of aluminum has been Low-level operation, aluminum enterprises almost all losses, enterprises may take the initiative to reduce production, the pace of new investment, resumption of production slowed down, negative anode consumption. Therefore, the short-term prebaked anode market price has limited support and is stable in the short term.

Published in News

This week, the mainstream price of China's prebaked anode market was running smoothly. The heating season is approaching, and the environmental protection policy and the limited production ratio are the focus of the industry. At present, the “2+26 and surrounding areas” autumn and winter tackling schemes have been released, and specific implementation measures will be released one after another. It is reported that enterprises in Henan Province are actively rectifying and reforming, and will continue to accept and accept in October to determine the ratio of production restrictions; Zibo area will not limit production.

Starting situation:
Four enterprises in Hebei, Hebei Hongke, Hebei Quxin carbon, regular production, Zhongdong plans to switch production, Xinfengsheng block is all for Qinghai and peak, Hebei area for the national three, the country five car transport restrictions, autumn The winter tackling plan has been released; the Shanxi region is weakly started, Danyuan roasting is being opened, some electrodes are being used, and the Guanlan plan enterprise is undergoing transformation, and the electrode paste or roasting electrode is planned to be determined. The inspection in Hubei is strict, and the production of Hubei Tailai carbon is reduced. In the renovation of environmental protection equipment, enterprises have a small amount of inventory; in Guizhou, Chinalco Guizhou carbon plant relocated, no output; in Henan, some enterprises have reduced production, Boda electric porcelain processing electrode, roasting a small amount, Huihao environmental protection equipment renovation, August Shutdown maintenance, Henan Yuhui, Zhengzhou Great Wall discontinued; Gongyi area, Jinyu started about 50%, bamboo forest Sasin outside processing carbon block. In the southwestern part of the country, some enterprises have reduced production, and the carbon blocks of individual anodes are upgraded due to environmental protection reasons or the electrolytic cell is overhauled.

Cost aspect:
Petroleum coke: petroleum coke for prebaked anode: This week, the price of petroleum coke market began to bottom out, mainly reflected in local refineries. Sinopec's refinery's petroleum coke remained stable this week, with a slight downward adjustment. PetroChina's refinery's coke price remained stable. More, CNOOC this week, two refineries started working. In detail, Sinopec's refinery's petroleum coke is only 20-40 yuan/ton in the two refineries of Gaoqiao and Guangzhou, and the price of Lanzhou petrochemical in the northwest of CNPC is raised by 60 yuan/ton. CNOOC Binzhou Zhonghai and Zhoushan Petrochemical re-pricing this week. The price has dropped before the stoppage. In terms of refining, the price of this week has risen and fallen by 50-100 yuan/ton.

Coal bitumen:
This week, the coal tar pitch market has been pushed up, and it has been actively promoted. The atmosphere of negotiations has been strong, and attention has been paid to the establishment of purchasing prices for key enterprises. The cost pressure of coal tar pitch manufacturers is obvious. In October, the equipment maintenance plan increased, and the increase was more confident. Late forecast: It is expected that the coal tar pitch market will go up and the increase will be a game. The raw material price is high before the holiday, and the price reduction may not be ruled out after the holiday. The supply of coal tar will be reduced in October. There are still restrictions on the terminal market.

Supply side:
According to statistics, in August 2018, China's total output of prebaked anodes was 1,543,600 tons, of which commercial anodes were 751,500 tons, and supporting anodes were 799,800 tons. The increase was 0.77 million tons in July, an increase of 0.5%. In August, the output increased slightly compared with the output in July. Some enterprises in the Gongyi area of ​​Henan resumed production and the production capacity was released. The overall output increased compared with July. However, the enterprises supporting the anodes have stopped production and repaired zero production, resulting in a small increase in the overall supply of the market.

Resumption:
Jiaozuo Wanfang Aluminum has basically completed the resumption of production and partial tank repairs. Linfeng Aluminium, in addition to the wheel repair, the rest of the production capacity is basically resumed. Some of the long-slots in Longquan, Henan Province were overhauled, and the rest of the production was completed. The current production capacity is 600,000 tons. Henan Zhongfu began to resume production in late April, and began to resume production in late April. The resumption of production was completed and the remaining rounds were repaired. Henan Wanji Aluminum completed the resumption of production in mid-May and now has a production capacity of 570,000 tons. Henan Yongdeng Aluminum Co., Ltd. (Yangcheng) Branch completed the resumption of production.

New production:
The remaining 88 troughs of Inner Mongolia Huayun New Materials No. 2 Plant began to be launched one after another and are currently in operation. Shaanxi Meixin began commissioning equipment on September 15 and is expected to start production in November. Chinalco China Resources 1st and 8th District 125,000 tons was officially put into operation on May 19th. The current operating capacity is 80,000 tons, which is temporarily stable. It is expected to continue production in October. The 125,000 tons of network fee in the fourth section of Guizhou Huaren Aluminum Industry has been resolved, and it is expected to be completed in mid-October. Yingkou Xintai Aluminum, on September 5, new production capacity began to be put into production. Yun Aluminum Haixin Aluminum Industry Co., Ltd. started power supply in late July and is expected to start production to around 150,000 tons during the year. Baotou Xinhengfeng Energy started production in August 2018 and plans to start production of 200,000 tons. The problem of 125,000 tons of electricity in Guizhou Xingren's first stage was suspended again and is expected to continue in early November. Gansu Zhongrui Aluminum Industry Phase I has completed 100,000 tons of production, and the second phase has not yet started production. The current funding problem has been reduced. Guangxi Hualei new materials four stages of 100,000 tons due to unit maintenance delayed production until October. Mengtai Aluminum in Baotou City is expected to complete production of 250,000 tons within the year. Inner Mongolia Chuangyuan Metal Co., Ltd., with a current operating capacity of 90,000 tons, is now temporarily put into operation due to the price of electricity. Guangxi Suyuan Investment Series 100,000 tons began to continue construction, is expected to start production at the end of October, completed production within the year. A series of 100,000 tons of Guangxi Debao 100 mine started production on April 7, 2018. The current operating capacity is 65,000 tons, which is expected to be completed in October. A series of 100,000 tons of aluminum in the Tianlin Baiyuan Mine in Guangxi began production in early May 2018 and is currently in slow production. Guangxi Laibin Yinhai has completed production in early May and now has a production capacity of 500,000 tons. Heqing Yixin is expected to start production in October 2018.

Market outlook:
The price of raw petroleum coke stopped falling, the price of coal tar pitch was stable, and the support of anode cost was stable. The enthusiasm of downstream electrolytic aluminum enterprises was not reduced, mainly for stocking in winter, which was good for anode consumption. In addition, the maintenance of individual anodes for supporting anodes To increase anode consumption, there will be a small price increase in the short-term market, which is about 100 yuan/ton. In the fourth quarter, the development will be subject to the implementation of environmental protection policies and the multi-faceted price of raw materials.

Published in News

(2018.09.21) This week, the mainstream transaction price of China's prebaked anode market remained stable. The price of raw material petroleum coke was lowered in September, and the decline was now stable, with limited support for anode prices. With the gradual approach of the heating season, the market has a high enthusiasm for the production restriction policy. The ultra-low emissions in Henan will be checked and accepted next week. The Zibo region in Shandong is the first to issue a notice. The enterprises with ultra-low emission standards can be exempted from production. Other regional policies Will be introduced one after another.

Knowledge point analysis: What is a prebaked anode? The prebaked anode is made of petroleum coke and pitch coke, and the coal bitumen is made of a binder, and is used as a pre-baked aluminum electrolytic cell as an anode material. This carbon block has been calcined and has a stable geometry, so it is also called prebaked anode carbon block, which is also known as carbon anode for aluminum electrolysis.

Construction conditions: four enterprises in Hebei, Hebei Hongke, Hebei Quxin carbon, normal production, Zhongdong plans to switch production, Xinfengsheng block for Qinghai and Feng, Hebei region for the national three, the national five car transport restrictions Reinforcement; Shanxi area is weak, Danyuan roasting is open, partial electrode is made, Guan Aluminum plans to transform the enterprise, and plans to make electrode paste or roasting electrode has not been determined; Hubei area is strictly inspected, Hubei Tailai carbon production is reduced, and environmental protection equipment is being reformed. The company has a small amount of inventory; in Zhenjiang, Jiangsu, the company has reduced production due to environmental protection; in Guizhou, Chinalco Guizhou carbon plant has changed; in Henan, some enterprises have reduced production, Boda electric porcelain processing electrode, roasting a small amount, Huihao environmental protection equipment During the renovation, the furnace was shut down for maintenance in August, and Henan Yuhui and Zhengzhou Great Wall were suspended. In the Gongyi area, Jinyu started about 50%, and the bamboo forest was processed outside the bamboo block. Individual enterprises in the main producing area of ​​Shandong Province also actively reduced production, Shandong Liangshan Wanda raw material warehouse transformation, production cuts. In the southwestern part of the country, some enterprises have reduced production, and the carbon blocks of individual anodes are upgraded due to environmental protection reasons or the electrolytic cell is overhauled.

In terms of news:  [2018] No. 17 "Notice on submitting the plan for the implementation of the peak production regulation of industrial enterprises during the heating period of 2018-2019" indicates that the carbon enterprises used for electrolytic aluminum limit production by 50%. In terms of production line, stable and ultra-low emission (particle, sulfur dioxide, nitrogen oxide emission concentration is not higher than 10, 35, 50 mg / cubic meter respectively), can not limit production; non-ferrous recycling industry casting process limited production of 50%, Based on the production line.

Cost: petroleum coke, petroleum coke for prebaked anodes, this week, the price of petroleum coke market has slowed down, the willingness to approach the refinery's petroleum coke clearing warehouse is increasing, and the price of petroleum coke is mostly maintained at low price. This week's main business The refinery's coke price was stable, and individual refineries were slightly adjusted. In detail, Sinopec's refineries only partially reduced the price of coke in South China by 40 yuan/ton this week. The price of CNPC's northwestern region was raised by 50-100 yuan/ton this week. CNOOC stabilized this week and the price of this year's refinery was lowered. The concentration is concentrated at 50-150 yuan / ton.

Supply: According to Baichuan Information, in August 2018, China's total output of prebaked anodes was 1,543,600 tons, of which commercial anodes were 751,500 tons, and supporting anodes were 799,800 tons. The increase was 0.77 million tons in July, an increase of 0.5%. . In August, the output increased slightly compared with the output in July. Some enterprises in the Gongyi area of ​​Henan resumed production and the production capacity was released. The overall output increased compared with July. However, the enterprises supporting the anodes have stopped production and repaired zero production, resulting in a small increase in the overall supply of the market.

Downstream demand:

Production cuts: Henan Zhongfu and Linfeng A&M actively reduced production by 30% due to losses. Shanxi Zhaofeng Aluminium Power Environmental Inspection, shut down 65 units, involving a production capacity of 40,000 tons, and now operating capacity of 130,000 tons. Zouping Aluminum Co., Ltd. all stopped production. Chinalco Liancheng reduced production by about 160,000 tons due to electricity price problems. Henan Shenhuo (Group) Co., Ltd. reduced production by about 110,000 tons. Xinjiang Oriental hopes to reduce production to 800,000 tons due to the indicator problem. Shaanxi Tongchuan Aluminum Co., Ltd. all stopped, and the index was transferred to Meixin. The Chinalco Guizhou branch retreated to the city and the production capacity of 150,000 tons has been reduced. Huo Coal Tongshun Aluminum Industry is expected to implement around 2020 due to losses, intra-group replacement demand, or production cuts but not explicitly reduced production by 115,000 tons.

Resumption of production: Jiaozuo Wanfang Aluminum has basically completed the resumption of production and partial rotation of the trough. Linfeng Aluminium, in addition to the wheel repair, the rest of the production capacity is basically resumed. Yichuan Electric Power Co., Ltd. Longquan part of the trough was overhauled, and the rest of the production was completed. The current production capacity is 600,000 tons. Henan Zhongfu Industrial Co., Ltd. began to resume production in late April, and resumed production in late April. The resumption of production was completed and the rest of the repairs were completed. Henan Wanji Aluminum has a current operating capacity of 570,000 tons. Henan Yongdeng Aluminum Co., Ltd. (Yangcheng) Branch completed the resumption of production.

New investment: Shaanxi Meixin began commissioning equipment on September 15 and is expected to start production in November. The 125,000 tons of network fee in the fourth section of Guizhou Huaren Aluminum Industry has been resolved, and it is expected to be completed in mid-October. Yingkou Xintai Aluminum started production on September 5th. The remaining 88 troughs of Huayun New Materials on the 21st of the second plant began to start, and are expected to be completed in late September. Yun Aluminum Haixin Aluminum Co., Ltd. is expected to start production to around 150,000 tons during the year. Xinhengfeng Energy started production in August 2018 and plans to start production of 200,000 tons. The problem of 125,000 tons of electricity in the first phase of Guizhou Xingren Denggao New Material was suspended again and is expected to continue in early November. The first phase of Gansu Zhongrui Aluminum Industry has completed 100,000 tons, and the second phase has not yet started production. Guangxi Hualei new materials four stages of 100,000 tons due to unit maintenance delayed production until October. Mengtai Aluminum is expected to complete production of 250,000 tons within the year. Inner Mongolia Chuangyuan Metal Co., Ltd., with a current operating capacity of 90,000 tons, is now temporarily put into operation due to the price of electricity. Shanxi Chinalco China Resources currently operates at a capacity of 80,000 tons and is temporarily stable. Guangxi Suyuan II series began to build 100,000 tons, and it is expected to start production at the end of October. Guangxi Debao Baiyuan Aluminum Industry has a series of 100,000 tons of current operating capacity of 65,000 tons, which is expected to be completed in October. The 100,000 tons of aluminum in the Tianlin Bailing Mine in Guangxi began production in early May 2018 and is currently in slow production. Guangxi Laibin Yinhai Aluminum has a production capacity of 500,000 tons. Heqing Yixin Aluminum Co., Ltd. is expected to start production in October 2018.

Market outlook: By the end of the third quarter, the price of prebaked anodes experienced a total loss in the first half of the year, and the price recovery gradually stimulated industry confidence. The price of raw material petroleum coke was moderate, the price of coal tar pitch was stable, and the support of anode cost was limited. The downstream electrolytic aluminum enterprises were subject to the cost of self-provided power plants, and the cost would be reduced. However, enterprises are now stocking winter inventory, which is good for anode consumption. Individual supporting anode factory overhaul, external anode, increase anode market demand, it is expected that the anode price may still increase the price, the range is about 100 yuan / ton.

Remarks: At present, domestic and foreign electrolytic aluminum production enterprises have large gaps in the procurement requirements for prebaked anodes. Foreign large-scale electrolytic aluminum production enterprises seek to maximize the comprehensive benefits of electrolytic aluminum production. Therefore, in the process of purchased prebaked anodes, prebaked anodes are required. There are many indicators of quality; domestic electrolytic aluminum producers pay more attention to the price of prebaked anodes, and their quality requirements are relatively low. So there is a gap in the price between the two.

Published in News

180914 Because the price of petroleum coke in the early stage is in the rising stage, the price of petroleum coke is steadily fluctuating at this stage, but it is still in a high state. The calcined coke and prebaked anode market associated with this are also stable.

The three major groups of petroleum coke market:
In terms of Sinopec, today's refinery's petroleum coke market is trading smoothly, and there are no other changes in refinery indicators. The sulfur in the Yanjiang area is still trading well, and the Jingmen petrochemical coking unit is expected to start on September 16. The Shengli petrochemical coking unit in Shandong will be shut down for maintenance on September 15. The inventory of petroleum coke in downstream calcined coke enterprises is mostly in the middle and low position. Therefore, the demand for petroleum coke market is relatively good. It is predicted that the price of petroleum coke in Sinopec's refinery will be stable next week.
 
For PetroChina and CNOOC, the price of Dushanzi Petrochemical Petroleum Coke in the northwest region was raised by RMB 50/ton today. The oil coke shipments of the plant performed well and the downstream enterprises received positive products. The commencement date of the coking unit of Shandong Haihua Group has all been postponed. At present, the atmospheric and vacuum distillation unit of the plant has been started, and the specific time will continue to be tracked.

Refining petroleum coke: Today's refining petroleum coke trading tends to be stable, the number of refineries under the coke price is reduced, and some refineries with high pre-pay prices are replenishing today. Judging from the current shipment situation of refinery petroleum coke, it is expected that the coke price will enter a stable period in the next few days, and the overall rebound possibility is slim.

Calcined coke market: The calcined coke market has not fallen due to the downward adjustment of the coking price, and the market as a whole is mainly stable.

The mainstream price of China's prebaked anode market remained stable. The price of raw material petroleum coke is high, and the prices of individual enterprises are slightly lowered, and the cost of anode raw materials is high. The promotion of environmental inspection and the approach to the heating season, strict environmental inspections everywhere, no major changes in market start-up, sporadic enterprises stop production and rectification, coupled with the downstream electrolytic aluminum market price affected by raw materials, inventory, macroeconomic, environmental protection, etc., affecting market operating rates However, due to its winter stocking, it is good for the anode market.

Published in News

Petroleum coke is a by-product of the delayed coking unit's feedstock oil cracking at high temperatures to produce light oil products. It is cheaper than coal and has a higher burning temperature. American petroleum coke has a high calorific value and attractive price, which is favored by cheap Indian factories. Indian cement companies use 75% of the country's petroleum coke.

At the hearing on July 30, 2018, the Supreme Court of India decided to release the restrictions on the use of petroleum coke in four industries, including cement, lime, calcium carbide, and petroleum coke vaporization. It also announced carbon-grade petroleum coke and calcination in October. The import restrictions on coke are subject to a hearing.

Beginning on August 7, India completely banned the import of carbon grade petroleum coke and calcined coke. Sponge coke is directly restricted by the import declaration of carbon manufacturers. On the other hand, the four industries with the above-mentioned open import restrictions can be imported normally, and there are those companies that can use the above four industries to import Indian carbon grade petroleum coke. However, under the situation of strict investigation of the start of the carbon plant, the import volume of carbon grade petroleum coke in India is bound to be greatly reduced.

India's electrolytic aluminum production in 2017 was about 3.4 million tons, and the demand for petroleum coke was about 1.8 million tons. The demand for carbon grade petroleum coke is basically dependent on imports. China exports carbon grade petroleum coke to India, reaching 540,000 tons in 2017. In 2017, India imported 1.99 million tons of petroleum coke and 1.88 million tons of carbon-grade imports, accounting for 18%. China Petroleum Coke accounts for 30% of India's carbon-grade petroleum coke imports. The most used is fuel grade petroleum coke, which accounts for 80% of imports. In terms of calcined coke, it exported 170,000 tons to India in 2017. At present, the calcined coke export to India may be interrupted or substantially reduced by October.

Fuel market: At this time, India has imposed restrictions on the release of high-sulfur fuel-grade petroleum coke imports, which will support international prices in the second half of the year. In the first half of 2018, China imported high-sulfur fuel coke, which increased by nearly 80% compared with last year. The coal market price has not been as good as expected since March. At the same time, the price of petroleum coke is high, the port price is upside down, and the spot inventory is high. China’s high sulfur coke imports are expected to decline in the second half of the year. In this case, India The high-sulfur fuel market is re-established, and international high-sulfur coke prices are expected to remain high. Under the circumstance of US tariffs, the expectation of China's fuel-grade petroleum coke imports will be strengthened in the second half of the year.

Carbon market: China's exports of carbon grade petroleum coke in India are reduced. If imports continue to be restricted, India may switch to importing pre-baked anode products. The prebaked anode is made of petroleum coke and pitch coke, and the coal bitumen is made of a binder, and is used as a pre-baked aluminum electrolytic cell as an anode material. This carbon block has been calcined and has a stable geometry, so it is also called prebaked anode carbon block, which is also known as carbon anode for aluminum electrolysis.

In 2018, China's domestic aluminum carbon market is tightly balanced. In the case of downstream production during the heating period, it may be relaxed. However, due to the tariffs imposed on the US coke, China's low-to-sulphur fuel market will require domestic sponges to be fixed. The amount of supplement, the price of domestic sponge coke will have a certain guarantee.

On the other hand, for India, the import of sponge coke and calcined coke (including from China) is the main source of carbon-grade petroleum coke, and Indian companies themselves will actively try to solve or circumvent the policy of restricting imports. Before October, it may cause a certain reduction in the import volume of petroleum coke imported from China, including other regions, but it will still find a way to solve the import problem. Exports to India are expected to reach 300,000 tons in the first half of the year, and actual arrivals of sponge coke and calcined coke may be significantly reduced between September and October.

According to the supply and demand of carbon for aluminum in India, the normal logic infers that India has almost no possibility of a total ban on imports. However, if the Indian High Law Hearing in October is still severely restricting imports, it may happen that India will switch to the import of prebaked anode products! The total demand for prebaked anodes in India is 1.7 million tons (2017). In recent years, the growth rate of electrolytic aluminum production in India is basically 15-20%.

As China's domestic coke consumption in the fuel market may increase, this year's market, even if the reduction of certain petroleum coke exports, will not have a big impact on the Chinese petroleum coke market price. On the contrary, in the unfavorable situation, the prebaked anode outlet may be boosted.

Due to the lack of good quality carbon grade petroleum coke in India, whether it is sponge coke, calcined coke or prebaked anode, it is still dependent on imports. For other countries' petroleum coke and carbon market, it is a problem of exporting raw materials or exporting finished products. . The existing capacity and new capacity of China's prebaked anodes are huge, which is convenient for expanding exports and seizing the carbon market for aluminum in India, which may also drive the demand for the carbon industry chain for aluminum.

Published in News