Archive for October 1st, 2008

Market update October 1

Wednesday, October 1st, 2008

Green coke

Last week the domestic Green coke market price continued to weaken. The inventory level of moderate sulphur green coke conitnued to rise, so suppliers had no choice but to lower the price. Prices dropped between 140-250RMB/Ton, a much bigger drop than previous weeks. High sulphur green coke price dropped 50-270 RMB/Ton last week.

The market price of Low sulphur green coke kept stable last week ,but only because some Dongbei refineries had previously lowered the price and sold most of their stock.

Calcined coke

The price of Low sulphur calcined coke didn`t change, remaining at 4700-5000RMB/Ton. Moderate Sulphur coke price started to fall, dropping 100-200RMB/Ton last week. High sulphur calcined coke didn`t change.

Anode

Anode prices dropped another 50-300RMB/Ton last week. due to the falling green coke price and demand decreasing.