Needle coke market review

The Chinese needle coke market remained stable today, with the average price of raw coke at 5750 yuan/ton and cooked coke at 7840 yuan/ton. The raw material oil slurry market rebounded, while the coal tar pitch market remained stable to slightly stronger. Some coal tar producers raised their prices, providing support to the coal tar pitch market.

Downstream graphite electrode manufacturers experienced sluggish sales, with the mainstream market remaining stable. Most companies adopted a wait-and-see approach regarding upstream raw materials and downstream demand. The anode material market saw steady growth in shipments, with a positive market trading atmosphere.

Currently, needle coke manufacturers are experiencing acceptable sales, and leading companies are mostly maintaining a stable price strategy. The needle coke market is expected to remain stable next week.