20181224 This week, the price of medium-grade and high-grade calcined petroleum coke in China's calcined petroleum coke market continued to decline, and the low-grade price was weak. The raw materials of the calcined coke recarburizer market are stable, the production is normal, and the overall performance is general; the price of petroleum coke graphitized recarburizer is limited by the downstream demand and raw material price support, the price is falling, the overall performance is weak, and the graphitization process is more. The market is more competitive.
Calcined petroleum coke:
20181224 This week, the mainstream price of China's calcined petroleum coke recarburizer market continued to decline, mainly due to the slow reception of downstream goods and the increase in corporate inventories. The weakening of raw material prices was slightly down, and the support of the cost side continued to maintain; coupled with the sluggish demand in the downstream market, the new orders of steel mills have not yet been signed, and many negotiations have been held.
Production: The company is currently producing more normal, but in view of the lightness of downstream receiving goods, the raw material prices are going down, the production plan of the enterprise may be adjusted, and the enterprise will consider pricing the order next month. With Shandong, Tianjin and Liaoning as the main areas, environmental protection pressure is relatively high, but as the heating season continues to deepen, heavy pollution weather will increase or limit production. In the short term, prices are mainly stable. It is expected that the prices of raw materials will continue to be weak in the later period, and the price of calcined coke will continue to decline.
Medium and high sulfur calcined petroleum coke: This week, the medium and high sulfur calcined coke market was sluggish, and most enterprises had inventory backlog. The market mainstream transaction price dropped by RMB 50/ton from last week. Environmental protection and downstream demand reduction due to profit reduction is the core problem in the calcined coke market. The market for medium and high sulfur calcined coke has been obviously surplus. In terms of production, this week, Gongyi and Xiangyang calcined coke enterprises all stopped production. Some enterprises in Shandong have already pressed the calciner to the minimum production load. The production situation of Jiangsu and Hebei enterprises has not fluctuated.
Graphitized petroleum coke recarburizer:
20181224 This week, the market price of China's graphitized petroleum coke recarburizer was lowered, and corporate quotations continued to fall. The raw material petroleum coke market continued to be in a downturn, and the market's coke price continued to decline steadily. The favorable factors in the later period were relatively weak, and the short-term support for the price of carbonizers was relatively small.
Production: In the Henan and Xinjiang regions, the production of enterprises in Henan and Xinjiang was suspended due to environmental protection, and the operating rate declined. The enterprises in Jiangsu, Tianjin and Inner Mongolia started to work stably. In addition, the graphitization enterprises of anode materials in the Inner Mongolia market started to work, and the release of graphitized production increased.
Demand: At present, most of the enterprises are mainly to maintain fixed customers. With the production of negative electrode factories in Inner Mongolia, the enterprises have higher filling materials and are filled with the market consumption of recarburizers. The market is under pressure. The annual production of 300,000 tons of carbon-reinforcing agent project will be put into operation in 2019, when the production capacity will lead the refining agent market.
Raw materials: This week, the low-sulfur calcination coke market is not well-sold, the downstream enterprises have reduced the procurement of raw materials, and there is a phenomenon of price reduction. Most of the low-sulfur calcined coke production enterprises have inventory in this week, and the transaction price has dropped significantly. According to the understanding, there is no significant change in the trading of low-sulfur Fushun calcined coke this week, and the price remains stable.
Prediction: The market supply of calcined petroleum coke recarburizer is stable overall, the contradiction between supply and demand appears, and the downstream market has a strong wait-and-see attitude, and the overall market response is poorly shipped. At the same time, the price of raw materials is less likely to be boosted at the same time; According to the surface and demand side, the calcined petroleum coke recarburizer market has maintained a weak and stable operation in the short term, and the risk of decline is expected to be around RMB 100/ton.