China’s petroleum coke market unexpectedly became weak in the last couple of weeks, led by the teapots refineries. As the chart shows, the monthly price from independent refineries started to weaken during April and May, and tumbled down at the start of June. Meanwhile prices at the big SOE refineries remained stable.The change in teapot refineries’ […]
I will be doing our next Facebook Live broadcast in about 4 hours time. In the broadcast, I will be discussing the latest news and trends in China’s aluminum and carbon markets. There’s a lot going on, on many fronts, so a tool like FaceBook Live is a great way to discuss the issues realtime. […]
During the tough reforming period in China, petroleum coke, or petcoke has suffered much, with calcining plants being ordered to cut capacity or close completely. But if you talk about aluminum, you must acknowledge that petcoke is important now and in future.The process for making aluminum has not changed in decades, so if demand for aluminum is […]
Some clients have reported receiving an English translation of a document issued by the Weifang local government, announcing closures of calcining plants until March 31. The document is real and the orders to close are authentic. But there’s more to the document than what some might realize. The Weifang local government has ordered several industries […]
Further to our post of about an hour ago, I just wanted to highlight one specific dot point in the new regulations about carbon companies. According to the new regulation, carbon companies who do NOT meet the standards will be ordered to close. Fair enough, but here’s the rub – carbon companies who DO meet […]
As most of you know, every year folks from around the world descend on the annual TMS convention to discuss the latest developments in petcoke, calcined coke and other raw materials. This year TMS is being held in San Diego. And each year, I run a live blog, describing the atmosphere and the […]
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