February 2012 | Aluminium Weekly Market Tracker
Carbon Products: Chinese prices playing important role as marginal tonnage
As 2012 gets underway it has become increasingly clear that coal tar and coal tar pitch are both taking a different trajectory to green and calcined coke prices.
China has become an important component in setting the marginal price of calcined coke (CC) in ongoing H1 European pricing negotiations. In our discussions within the European market, we understand that mid sulphur grade Chinese material is available delivered for around $450/tonne. But to get these prices, shipments of 10,000 - 20,000 tonnes have to be purchased. Many smelters are, however, not interested in these volumes, and European calciners are banking on local buyers who are prepared to pay a...
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