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Home > News > Price Quotes Needle coke prices remain stable on October 11, 2024

Price Quotes Needle coke prices remain stable on October 11, 2024

Oct. 12, 2024

Price Quotes Needle coke prices remain stable on October 11, 2024


Today, China's coal-based needle coke (raw coke) market has a stable tax-inclusive cash quotation, currently at 5,000 to 5,500 yuan/ton, with an average price of 5,250 yuan/ton, unchanged from yesterday.


Today, China's coal-based needle coke (cooked coke) market has a stable tax-inclusive cash quotation, currently at 6,580 to 7,740 yuan/ton, with an average price of 7,160 yuan/ton, unchanged from yesterday.


Today, China's oil-based needle coke (raw coke) market has a stable tax-inclusive cash quotation, currently at 4,800 to 5,150 yuan/ton, with an average price of 4,975 yuan/ton, unchanged from yesterday.


Today, China's oil-based needle coke (cooked coke) market has a stable tax-inclusive cash quotation, currently at 6,470 to 7,770 yuan/ton, with an average price of 7,120 yuan/ton, unchanged from yesterday.


Comprehensive:

Today, the domestic needle coke market price is temporarily stable, with no change compared to yesterday. The atmosphere of China's needle coke market is calm, and demand is average. At present, the price of raw oil slurry is stable, the cost of needle coke does not fluctuate much, the negative electrode market on the demand side is flat, raw coke is purchased on order, the start-up of the electrode market does not change much, and the demand for cooked coke remains stable. Overall, the needle coke market is mainly stable.


Raw material market:

At present, the market price of oil slurry is stable. Coal tar is generally weak during the week, and there are still constraints on coal tar negotiations; from the perspective of the main production areas, the overall start-up of tar deep processing continues to increase, and the market coal tar supply is sufficient, which is bearish for negotiations. Therefore, overall, the weak atmosphere in the coal tar market continues, and the market new orders continue to decline.


Downstream market:

At present, the transaction environment of graphite electrode market is still chaotic, the price of graphite electrode is high and low, the operation of graphite electrode market is stable but weak, there are many low-priced resources in the market, the price of graphite electrode market is not supported by favorable factors, the demand trend in the future is not obvious, and most graphite electrode enterprises are mainly stable. The negative electrode material market is weak and stable. From the market feedback, the number of inquiries in the negative electrode material market has been small recently, and the enterprises are in a wait-and-see mood, mainly based on sales. Under the circumstances that the downstream demand is lower than expected and the industrial chain continues to reduce costs, the downstream price-cutting mentality remains unchanged, and the actual transaction price of negative electrode materials continues to be low.


Forecast for the future market:

At this stage, most orders are supported by downstream leading enterprises. Under the condition of weak overall demand, it is difficult for new orders to be traded at high prices, and the focus may be on mid- and low-end prices. On the supply side, all enterprises are operating normally, mainly delivering orders, electrode factories are operating weakly, the purchasing atmosphere is general, and the supply and demand market game is maintained. It is expected that the needle coke market price will be weak in the short term.